316 S 3rd Ave
Bozeman, MT 59715
Multifamily Property For Sale · 4 Units

Rare find a turn-key newly remodeled 4 plex in historic downtown Bozeman and close to MSU. New floor coverings, interior paint, cabinets, wiring, egress windows, landscaping, counter tops, vanities and much more. Live in one home and rent the other 3 units. Main house, 3 bed 1.5 bath should rent for $1700 a month (includes 2 car garage). 2 bed 1 ba Basement rented for $1100. Back units consist of 1 bed 1 bath for $900 and 2 bed 1 bath for $1200 (includes 1 garage space). Gas and electric are separately metered. Owner pays garbage, lawn care, electric on back units only, property management, taxes and snow removal. Current property manager can continue or cease with sale of property. Projected CAP rate of 6-7% depending on management. Property is zoned R-2, but legal non-conforming status as 4-plex is confirmed with the City of Bozeman. Contact agent for additional details. Possible owner financing.