$1,142,500
$1,250,000
8.6%For more information regarding the value of a property, please contact us for a free consultation.
1400 & 1404 Toole AVE Missoula, MT 59802
0.27 Acres Lot
Key Details
Sold Price $1,142,500
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 30026641
Sold Date 01/31/25
Style Other
Construction Status Updated/Remodeled,See Remarks
HOA Y/N No
Year Built 1965
Annual Tax Amount $9,905
Tax Year 2023
Lot Size 0.268 Acres
Acres 0.268
Property Sub-Type Apartment
Property Description
Well cared for 8-plex, separated into two units of four, located within walking distance to St Patrick Hospital, Fresh Market, and other downtown locations. Situated on a bus route with easy access to all areas of Missoula. Each 906 sq ft unit includes 2bds/1ba, an eat-in kitchen and living room. Newer roof, exterior painted in the last 2 years, well maintained landscaping and easy to care for exterior. Units are painted and flooring updated as they come available, but are filled with mostly long term tenants with low rents. One unit recently remodeled throughout, with updated bathroom, flooring, electrical, and kitchen re-fresh that includes paint, new countertops, and new stainless appliances. Should be able to increase rents by 20%. Rent includes trash, lawn maintenance, snow removal and water. Each unit is metered for electricity and gas with individual furnaces. Incredible opportunity for a new owner to continue to enhance individual units for long term growth.
Location
State MT
County Missoula
Zoning RT2.7
Rooms
Basement None
Interior
Heating Forced Air, Gas
Fireplace No
Appliance Range, Refrigerator
Exterior
Water Access Desc Public
Roof Type Asphalt
Building
Lot Description Level
Entry Level Two
Foundation Poured
Sewer Public Sewer
Water Public
Architectural Style Other
Level or Stories Two
New Construction No
Construction Status Updated/Remodeled,See Remarks
Others
Senior Community No
Tax ID 04220016305060000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Special Listing Condition Standard
Pets Allowed Cats OK
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Bought with Berkshire Hathaway HomeServices - Missoula