Investment Property for Sale at 413 N Cherry Street in Townsend, MT for $599,000

Listing data last changed 9/30/2024
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413 N Cherry Street | Townsend

$599,000

Investment opportunity in up and coming Townsend Montana. This stabilized fourplex, built in 1975, sits on a huge lot and is ready for its next owner. This is a great investment opportunity! While there is work to be done on the building, the rents have consistently gone up over the past few years and there is a need for housing in this market. Each unit is two bed/one bath with lots of interior storage and natural light. There is a huge back yard, with additional storage for each tenant. This property has great potential to be a long term, stable investment. Current rent roll is $4590 with 100% occupancy. Showings require a 48 hour notice, please do not disturb the tenants. MTR 30031220

Directions to property: On the corner of Cherry and 5th in Townsend.

MLS Listing ID: 
MTR 30031220
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$599,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
MultiFamily
Primary Market Area: 
Townsend
Address: 
413 N Cherry Street, Townsend, MT 59644, US
County: 
Broadwater
Latitude: 
46.3261092
Longitude: 
-111.5168695
Building Details
Details about the building on a property.
Architectural Style: 
Split Level
Year Built: 
1975
New Construction: 
0
Basement: 
None
Construction
Construction Materials: 
Brick Veneer
Foundation Details: 
Slab
Roof: 
Composition
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: 
Baseboard, Electric
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.28
Lot Size (Area): 
12,066
Waterfront: 
0
Lot Features
Garage: 
0
Public Record
Parcel Number: 
43159131130050000
Property Zoning: 
Residential
Contract Details
Details about the listing contract.
Possession: 
Close Of Escrow, Negotiab
Disclosures: 
Disclosure on File, Lead Based Paint Disclosure, Other, Seller Disclosure
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Josh Bibeau
Listing Office Name: 
EXIT Realty of Helena