4501 2nd Avenue$2,420,000
Great Falls, MT
16029.00 SF, 0.58 ACRE
$2,420,000
Property Details
BIG PICTURE
HOME
16029.00
FT2
0.58
ACRE
Description
Exceptional 12-unit investment opportunity built by respected local builder Casey Cummings, offering strong in-place income and a well-maintained, low-maintenance asset. This fully brick building features twelve spacious 2-bedroom, 2-bath units and well as a fully bricked additional Building with 12 individual Garage units for each tenant. Each unit is thoughtfully designed with functional layouts and modern finishes that attract and retain quality tenants. Ideally located in close proximity to Malmstrom Air Force Base, this property benefits from consistent rental demand driven by military and support personnel, enhancing long-term occupancy stability. Each unit includes in-unit laundry, a private garage with additional parking directly in front, and a secure indoor storage area. Tenants enjoy outdoor living with private patios for lower units and elevated decks for upper units, adding to the overall appeal and livability of the property. Interiors offer a clean, updated feel with a combination of luxury vinyl plank flooring in kitchen areas, carpet throughout main living spaces, and durable vinyl in bathrooms. The common areas and hallways present a bright, well-kept, and modernized atmosphere that reflects pride of ownership. All units are individually equipped with their own gas furnace, hot water heater, and dedicated air conditioning units, providing efficiency and tenant-controlled comfort. Additional on-site parking further enhances convenience. The property generates approximately $199,800 in annual gross rents, with tenants responsible for their own gas and electric, while ownership covers water, sewer, and trash—creating a straightforward expense structure.PRICE
$2,420,000
FEATURES
- MLS #: 30066789
- Lot: 25,200.00 sqft
- Single-Family
- Built in 2009
- Cooling: Central Air
- Heating: Forced Air, Gas
- Price/sqft: $150.98
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