220 4th Avenue$620,000
Three Forks, MT
0.16 ACRE
$620,000
Property Details
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0.16
ACRE
Description
Exceptional investment opportunity in Three Forks, Montana, featuring a charming 1915-built fourplex that blends historic character with thoughtful modern updates. This well-maintained property offers four individual units, with three currently tenant-occupied, providing immediate income, while the remaining unit has been recently refreshed and is ready for lease or owner occupancy. Recent improvements enhance both value and tenant appeal, including new gutters and ongoing upgrades throughout the property. The vacant unit has been updated with new flooring and fresh paint, creating a clean, move-in-ready space. The occupied units have also seen incremental improvements over time, including updated finishes and fixtures, contributing to long-term tenant satisfaction and retention. A shared common area with washer and dryer adds convenience for residents, while the detached garage and additional off-street parking increase overall functionality and desirability. Positioned in the growing Three Forks community, the property offers small-town charm with convenient access to Bozeman and abundant nearby recreation. Strong rental demand in the area supports consistent cash flow with additional upside potential. Ideal for investors seeking a performing asset or buyers looking to offset living expenses, this fourplex presents a rare combination of historic appeal, ongoing improvements, and income potential. Don’t miss the opportunity to own a piece of Montana history with built-in cash flow and future growth.PRICE
$620,000
FEATURES
- MLS #: 410768
- Lot: 7,013.00 sqft
- Single-Family
- Built in 1915
- Heating: Natural Gas