210 & 214 S Black Avenue
Bozeman, MT 59715
Sale Price
$3,100,000
Property Type
Multi-Family
Property Description
Are you an investor looking for a premier multi-family portfolio in Downtown Bozeman? Are you interested in developing two of the last conjoined, undeveloped B-3 (highest zoning designation) parcels in the city limits just blocks from Main Street? If the answer to any of those two questions is 'yes', then look no further than 210 & 214 S Black Avenue. These two four-plexes, adjacent to the Residential and Commercial 'Black & Olive' building offer short and long term income potential as well as a significant re-development opportunity. Sitting on 13,000sf+ of Central Business District Zoning (B-3), there is opportunity for countless ground-up projects here, from boutique hotel to large-scale high-end luxury development. Just a two minute walk from historic Main Street on Bozeman's Southside, the Black Avenue portfolio represents an opportunity for the savvy investor that doesn't come around that often -- if ever. Both properties have recently been updated and most units are offered fully furnished with high-end finishes and currently function as turn-key rentals. The B-3 zoning designation allows for residential and commercial development and the highest density development opportunities -- and it's extremely rare to find two properties of this income-generating and long-term investment magnitude side-by-side.
Property Specifics
Property Type:
Multi-Family
Yearly Taxes:
$10,044
Building Units:
N/A
Building Stories:
N/A
Pet Policy:
N/A
MLS ID:
388936
Source Status:
Active
Building Amenities
Hardboard
Unit Amenities
Baseboard
Forced Air
Varies By Unit
Common
Garage
Hardwood
Partially Carpeted
Parking
Location & Transportation
Other Property Information
Summary
Parking
- Total Parking Spaces:
1
- Parking Features:
Common, Garage
- Garage:
Yes
Interior and Exterior Features
Interior Features
- Flooring:
Hardwood, Partially Carpeted
Structure
- Construction Materials:
Hardboard
Property Information
Lot Information
- Zoning:
B3 - Central Business
- Lot Size:
0.30 ac.
- Waterfront:
None
Utilities
- Utilities:
Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
- Cooling:
Varies by Unit
- Heating:
Baseboard, Forced Air
- Water Source:
Public
- Sewer:
Public Sewer
Estimated Monthly Payments
Monthly Total
$15,706
Monthly Taxes
$837
Interest
6.00%
Down Payment
20.00%
Mortgage Calculator
Monthly Mortgage Cost
$14,869
Monthly Charges
$837
Total Monthly Payment
$15,706
Calculation based on:
Price:
$3,100,000
Charges:
$837
* Additional charges may apply
Discover the Luxury Lifestyle