Investment Property for Sale at 314 Nancy Lou Drive in Missoula, MT for $1,397,000

314 Nancy Lou Drive | Missoula

$1,397,000

Discover an exceptional investment opportunity in Orchard Homes with this expansive 1.354-acre lot, featuring three single-family homes and a leased mobile home lot, all under one legal description. This unique property is perfect for those seeking owner occupancy while generating rental income from the other residences. 314 Nancy Lou Dr offers a spacious 3-bedroom + Bonus, 2-bathroom layout, encompassing 1,470 square feet of comfortable living space. This home is complemented by a detached 864 square foot garage, providing ample storage or workspace. Next, 209 Nancy Lou Dr presents a charming 3-bedroom, 1-bathroom single-family home, with 1,232 square feet of living area, perfect for a cozy environment. Additionally, 311 33rd St features another 3-bedroom, 1-bathroom layout, also spanning 1,232 square feet, making it an attractive option for tenants or extended family. The property includes a leased mobile home lot at 211 Nancy Lou Dr, which adds to the income potential without the responsibilities of ownership. The current arrangement allows the seller to benefit from rental income while maintaining the possibility of residing in one of the charming homes. Located conveniently close to Hawthorne School, this property not only offers a desirable community but also the flexibility for owner occupancy alongside steady rental income from the other homes. Whether you're an investor looking to diversify your portfolio or a homeowner seeking additional income streams, this property is a rare find that combines comfort and financial opportunity. Don't miss out on this chance to make it yours! Contact Kelly Mytty Donoghue 406-360-8966, or your real estate professional. MTR 30041168

Directions to property: 3rd Street to Nancy Lou Dr

MLS Listing ID: 
MTR 30041168
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$1,397,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
MultiFamily
Primary Market Area: 
Missoula
Address: 
314 Nancy Lou Drive, Missoula, MT 59804, US
County: 
Missoula
Latitude: 
46.8684700
Longitude: 
-114.0613001
Community Information
School District: 
District No. 1
Building Details
Details about the building on a property.
Architectural Style: 
Ranch
Year Built: 
1966
New Construction: 
0
Construction
Foundation Details: 
Poured
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, Gas
Water Source: 
Well
Sewer: 
Private Sewer, Septic Tank
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
1.35
Lot Size (Area): 
58,980
Waterfront: 
0
Lot Features
Garage: 
2
Public Record
Parcel Number: 
04219924408100000
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Kelly Mytty Donoghue
Listing Office Name: 
Windermere R E Missoula