Investment Property for Sale at 3915 Highway 200 E in Missoula, MT for $795,000

3915 Highway 200 E | Missoula

$795,000

Overview: Presenting an opportunity to acquire a unique multifamily investment property in East Missoula, well poised for income generation and future redevelopment because of excellent “Neighborhood Commercial” zoning, with income during the planning phase. This property, strategically situated six minutes from UM and surrounded by scenic trails and parks, offers both current rental income and significant long-term potential as Missoula's growth extends eastward. Property Details: -Units: -2 x 1-bedroom / 1-bath apts -1 large 9-bedroom unit with a shared kitchen, 2 full bathrooms, a dishwasher, washer, and dryer. Two Units within this main unit could be subleased. -3-car garage rented separately. Future Growth Potential: -Area Revitalization: Missoula County is planning to build new sidewalks, bike paths, streetlights, and crosswalks in front of property -Next to New Developments: Nearby new subdivision with 252 homes, with 95% of the traffic driving past this property. MTR 30038014

Directions to property: Right off of Highway 200E, just past the Hellgate Canyon self storage, on the right, if you are driving from Missoula. The entrance door for the large unit is on the far right side of the property around the corner with an electronic lock, when viewing it from Highway 200E.

MLS Listing ID: 
MTR 30038014
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$795,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
MultiFamily
Primary Market Area: 
Missoula
Address: 
3915 Highway 200 E, Missoula, MT 59802, US
County: 
Missoula
Latitude: 
46.8752989
Longitude: 
-113.9427684
Building Details
Details about the building on a property.
Architectural Style: 
Multi-Level
New Construction: 
0
Basement: 
None
Construction
Foundation Details: 
Slab
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Forced Air
Water Source: 
Public
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.26
Lot Size (Area): 
11,295
Waterfront: 
0
Lot Features
Garage: 
9
Public Record
Parcel Number: 
04220024137010000
Property Zoning: 
Multi-Family
Contract Details
Details about the listing contract.
Disclosures: 
Disclosure on File, Owner Is Listing Agent, Seller Disclosure
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Keith Miller
Listing Office Name: 
Zillastate