$1,250,000
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1400 & 1404 Toole Avenue Missoula, MT 59802
Apartment
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Well cared for 8-plex, separated into two units of four, located within walking distance to St Patrick Hospital, Fresh Market, and other downtown locations. Situated on a bus route with easy access to all areas of Missoula. Each 906 sq ft unit includes 2bds/1ba, an eat-in kitchen and living room. Ne...wer roof, exterior painted in the last 2 years, well maintained landscaping and easy to care for exterior. Units are painted and flooring updated as they come available, but are filled with mostly long term tenants with low rents. One unit recently remodeled throughout, with updated bathroom, flooring, electrical, and kitchen re-fresh that includes paint, new countertops, and new stainless appliances. Should be able to increase rents by 20%. Rent includes trash, lawn maintenance, snow removal and water. Each unit is metered for electricity and gas with individual furnaces. Incredible opportunity for a new owner to continue to enhance individual units for long term growth.
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MLS#
30026641
Property Type
Apartment
Year Built
1965
Lot Size
0.27
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