507 Bighorn Drive$695,000
Thompson Falls, MT
5430.00 SF, 1.11 ACRES
$695,000
Property Details
BIG PICTURE
HOME
5430.00
FT2
1.11
ACRES
Description
The Mountain House: 1.11 acres corner lot with Forest Service across the street. 6 apartments (4-2 bdrm/1 bath, a 1 bdrm/1 bath and a 3 bdrm/1 bath) with an unfinished basement and possibilities of being finished for 2 more apartments. Energy efficient with a 100 lb. snow load roof and triple pane windows. Southern exposure and on a paved road. Zoned Residential "B" multi-family! When the city brings the sewer in, there is the potential of more building site/s. So perhaps you could build more houses, duplexes, apartment houses or even some tiny houses! We welcome 1031 exchanges! Great bunch of tenants and 5 of the 6 tenants have Rural Development vouchers. Great for a depreciation write-off on your taxes, inflation hedge protection, additional building sites and/or potential expansion. Cash or owner financing with 30%-50%ish down, OAC. The ROI is about 6%, on a very generous budget, if you subtracted the potential additional bldg. sites from the cost of purchasing.PRICE
$695,000
FEATURES
- MLS #: 30064250
- Lot: 48,351.60 sqft
- Single-Family
- Built in 1982
- Heating: Radiant Ceiling
- Price/sqft: $127.99
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