633 S 3rd St W - Apartments FOR SALE


Missoula, MT 59801
$1,200,000 USD
406-546-9296
633 S 3rd St W, Missoula, MT for Sale
$1,200,000 USD
Apartments - FOR SALE
1/8
null | Request Cap Rate

633 S 3rd St W
Missoula, MT 59801


HIGHLIGHTS

  • Great location near downtown
  • Solid rent history
  • Historic

OVERVIEW

Welcome to Orange Street Apartments, a distinctive historic property that offers a blend of timeless charm and modern convenience. This unique estate features three separate buildings with a total of seven rental units, each with its own character and appeal. The first building (2,756 SF) comprises of four fully leased studio apartments. Step inside to find a harmonious blend of contemporary upgrades and the vintage allure that defines this historic structure. Two of the units have been updated in the past few years including flooring, paint and new appliances. The second building (1,640 SF) near the alley is a duplex, offering flexibility and opportunity. The lower unit is a cozy one-bedroom, while the upper unit boasts two bedrooms. Both have been operating successfully as short-term rental units, providing a steady income stream. Adjacent to the duplex is the charming carriage house (768 SF), a quaint and versatile space with endless potential. Orange Street Apartments is a rare opportunity to own a piece of history, complete with modern amenities and a variety of rental possibilities. This property is a true gem, full of character and promise in a fantastic location. Please call Macall McGillis at 406.546.9296 or your real estate professional.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$232 USD /SF

# OF UNITS

7

PRICE/UNIT

$171,429

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

12,981 SF

ZONING

5

APN/PARCEL ID

04-2200-21-4-23-09-0000

ASK ABOUT THIS PROPERTY

Macall McGillisReal Estate Montana & CoMore Info
406-546-9296

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Macall McGillisReal Estate Montana & CoMore Info
406-546-9296

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.