731 Palmer Street$824,900

Missoula, MT

4480.00 SF, 0.22 ACRE

$824,900

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Property Details

BIG PICTURE

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4480.00

FT2

0.22

ACRE

Description

Discover the potential at 731 Palmer Street in Missoula, Montana. Built in 1990, this 4-plex offers a substantial 9,583-square-foot lot that serves the tenants well with large outdoor space, located near parks and the North Side trail system connecting you to miles of outdoor access. Whether you are an investor seeking a strategic addition to your portfolio or a handy homeowner looking to build value, this property presents a versatile foundation in a sought-after location. The units are all large 3 bedroom units and with some TLC to the exterior, this property is positioned to see substantial rent increases, enhancing a new investor's return. Leases are all 12-month that are coming up for renewal this spring, allowing a new owner to reposition the property in today's market. The ample outdoor area allows for creative landscaping or functional improvements that can enhance the overall experience of the site, and its location near Providence St. Pat's Hospital, shopping, public bus lines, and other amenities that make this location desirable.

PRICE

$824,900

FEATURES

    • MLS #: 30080642
    • Lot: 9,583.00 sqft
    • Single-Family
    • Built in 1990
    • Price/sqft: $184.13
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Listed By: Devin Khoury, PureWest Real Estate Missoula