340 South Avenue$1,060,000
Missoula, MT
6 BEDS, 3 BATHS, 0.19 ACRE
$1,060,000
Property Details
BIG PICTURE
HOME
6
BEDS
3
BATHS
0.19
ACRE
Description
OPEN HOUSE TODAY 6/3 FROM 4-6, Saturday 6/6 11-1:00 and Sunday 6/7, 12-2 PM . This 1951 mid century charmer is a must see. A rare, turnkey, in-town property with Income, Integrity, and Proven Care. Location and Opportunity are the cornerstones for this property. This is not just a house — this property includes two independent dwellings, in exceptional condition, with maintenance records. 340 South Ave W is the primary residence & 342 South Ave W is the original 1910 carriage house / studio with full upgrades. Separate water and power, and independent access for each home. The Carriage House has consistent long-term rental history. This configuration is rarer than a typical ADU setup. It has the feeling of a next door neighbor while enjoying rental income to accelerate equity in your home. Main Residence 5-bedroom, 2-bath mid century cutie has: Large eat in kitchen with original cabinetry and exceptional storage. Upstairs refinished original hardwood floors in excellent condition, and gas fireplace in main living area. New windows and trim, with Hunter Douglas blinds throughout the upstairs. Professionally painted inside and outside. Spotless, move in ready condition throughout 3068 sq ft. The finished basement includes: 2 conforming bedrooms, living room and 3/4 bathroom configured with the ability to lock off this section of the house for added flexibility. Bonus TV room & generous storage in the Utility room. This Carriage House studio residence is complete with its own fenced yard and two on-street parking spots. Upgrades include: Furnace, fence & patio, roof replacement, exterior paint refinished hardwood floors, bathroom upgrades. This is a true second home - not an afterthought. Currently rented for $1,100/month (market supports $1,200+) Garage & Site Improvements: True 2 car garage, with reinforced beam, sheetrock and fully painted. New garage side door entrance for easy access. Completely rebuilt driveway. The bed/bath and square footage count includes the Carriage House. Installing new front sprinkler line and city meter work in the 2nd week of July. (You may see a cloud on the title- this meter work will erase that cloud when the new meter is installed before we convey.) Please excuse our mess. Carriage House is ideal for long term rental, VRBO, guest house, home office, or multigenerational use. Rental financials available upon request. This property has benefited from $150,000 in verified improvements over the last 10 years with an emphasis on systems longevity, structure, and integrity. Our lender estimated an additional $200K could be available to the buyer based on the rental income of the Carriage House.PRICE
$1,060,000
FEATURES
- MLS #: 30071659
- Lot: 8,102.16 sqft
- Single-Family
- Built in 1951
- Full Bathrooms: 1
- 3/4 Bathrooms: 2
- Heating: Forced Air, Gas
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