921 6Th AveGreat Falls, MT 59401

  • Residential income properties
  • 4,518 SF
For Sale
$525,000 View listing

Property Details for 921 6Th Ave

Year built
1908
Lot size
0.17 AC
Property size (Sq ft)
4,518 SF
Property type
Residential income properties
Property subtype
Multifamily properties

Description

This exceptional investment opportunity presents a well-maintained, five-unit apartment building located at 921 6th Ave N in Great Falls, Montana. The property, built in 1908 and boasting a total of 4,518 square feet, sits on a 0.172-acre lot and is zoned R-9. Currently operating at 100% occupancy, this three-story building generates a substantial net operating income (NOI) of $2,465. The asking price is $525,000. Significant recent updates enhance the property's value and appeal, including new interior finishes in multiple units, updated kitchens and bathrooms in units 1 and 2, new appliances (90%), updated plumbing and electrical systems in units 1 and 2, and improvements in units 3, 4, and 5. Further upgrades include a new laundry room (2024) equipped with coin-operated washers and dryers, fresh exterior paint, a new rear staircase, new windows, a new metal roof on the rear of the building, and new gutters. Security cameras monitor common areas for added peace of mind. The property's strong rental income, coupled with the extensive recent renovations, makes this a compelling investment prospect in the thriving Great Falls market. The current monthly rent totals $4804. This is a turnkey operation ready for a new owner.

921 6Th Ave, Great Falls, Montana

Location Insight

City
Great Falls
County
Cascade
State
Montana
Latitude
47.5121
Longitude
-111.291

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