For Sale
$1,999,000

417 Ferguson AveBozeman, MT 59718

Fully leased, individually deeded multifamily.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional investment opportunity presents a fully leased, five-unit multifamily property located at 417 N Ferguson Ave, Bozeman, MT 59718. The property consists of a single, two-story building constructed in 2008, offering a total of 5,423 net rentable square feet across five individually deeded units, each averaging approximately 1,100 square feet. Each unit boasts a private detached garage and a fenced backyard, enhancing tenant appeal. The property is connected to City of Bozeman water and sewer services, ensuring reliable infrastructure. Situated on a 0.403-acre lot, the property benefits from an R-3 zoning designation. Currently operating at 100% occupancy, this stabilized investment offers immediate cash flow and significant upside potential in Bozeman's thriving multifamily market. Its convenient location provides easy access to local amenities, including restaurants, schools, and recreational facilities. The property is approximately 2.4 miles from Montana State University, 0.8 miles from The Ridge Athletic Club, and 0.9 miles from Gallatin High School, further enhancing its desirability. This individually deeded structure provides flexibility and potential for future individual sales or management strategies. The asking price is $1,999,000.

Highlights

  • Each unit includes a detached garage.
  • City of Bozeman water and sewer services.
  • Individually deeded units.
  • 100% occupancy; fully leased.
  • ~2.4 miles from Montana State University.
  • ~0.8 miles from The Ridge Athletic Club.

Property Details for 417 Ferguson Ave

Property type
Residential income homes
Square Feet
1,073 SF
Class
B
Year Built
2008
Buildings
1
Stories
2
Lot Size (sq. ft)
17,555 SF
Units
5

Location Insight

City
Bozeman
County
Gallatin
State
Montana
Latitude
45.6838604
Longitude
-111.0940182
417 Ferguson Ave, Bozeman, Montana

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417 Ferguson Ave
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