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
Estimated Sq. Foot:
6,277
Building Units:
N/A
Building Stories:
N/A
Pet Policy:
N/A
MLS ID:
a0UUc000001J86BMAS
Source Status:
Active
Building Amenities
Recently Updated
Development Opportunity
Downtown Bozeman Investment
Turn Key Rental
Location & Transportation
Other Property Information
Summary
General Information
- Year Built:
1925
- Architectural Style:
Other
Interior and Exterior Features
Interior Features
- Living Area:
6,277 sq. ft.
- Total Bedrooms:
13
- Full Bathrooms:
8
Structure
- Building Features:
B-3 Zoning, Downtown Bozeman Investment, Turn Key Rental, Development Opportunity, Recently Updated
Estimated Monthly Payments
Monthly Total
$14,869
Monthly Taxes
N/A
Interest
6.00%
Down Payment
20.00%
Mortgage Calculator
Monthly Mortgage Cost
$14,869
Monthly Charges
$0
Total Monthly Payment
$14,869
Calculation based on:
Price:
$3,100,000
Charges:
$0
* Additional charges may apply
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