607 Professional Drive 4,Bozeman, MT 59718
Bozeman, MT 59718
Description
Centrally located in the City of Bozeman, this fully occupied four-unit multifamily property offers a proven history of strong rental performance and stable cash flow. The property consists of two 2-bedroom/1-bath units, one 2-bedroom/2-bath unit, and one 1-bedroom/1-bath unit, providing a desirable mix of unit types for tenants. Well maintained with no known deferred maintenance, the property features updated carpet and appliances throughout, reflecting pride of ownership. Located on the second floor above ground-floor commercial space, the property is condominiumized, with all four apartments comprising Unit 4 of the condominium association. Each apartment is separately metered, served by city water and sewer, and features natural gas forced-air heating, air conditioning, and private in-unit laundry. Designed for low-maintenance ownership, the building offers cement board siding, a metal roof, underground irrigation, and professional property management. The Owner’s Association covers lawn care, snow removal, garbage service, and other common area expenses, providing additional convenience and peace of mind for ownership. Conveniently situated near Montana State University, shopping, restaurants, public transportation, and other amenities, this investment presents an attractive opportunity to acquire a stabilized multifamily asset in one of Bozeman's most desirable and established neighborhoods.
Details
| MLS # | 411786 |
|---|---|
| Listing Type | For Sale |
| HOA Dues | $2,313 |
| Sub-Type | Resale |
| Status | Active |
| Year | 2003 |
| Days On Site | 77 |
| Listing Provided By | Starner Commercial Real Estate | Michael Reams |
Features
| Story(s) | 2 |
|---|---|
| Units | 4 |
| Zoning | B2 |
Parking
| Parking Features | Common |
|---|
Taxes
| Tax Annual Amount | 4466 |
|---|
Area Information
| State | MT |
|---|---|
| County | Gallatin |
| City | Bozeman |
| Zip Code | 59718 |
| Area | Bozeman City Limits |
| Subarea | 1SM Boz Main to Kagy |
| Listing VS Median (in 59718) | |
Price: $1,100,000 low | high Med: $715,000 On site: 77 low | high Med: 15 | |
Market Activity 59718
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Learn More About This Property
| State | MT |
|---|---|
| County | Gallatin |
| City | Bozeman |
| Zip Code | 59718 |
| Area | Bozeman City Limits |
| Subarea | 1SM Boz Main to Kagy |
| Listing VS Median (in 59718) | |
Price: $1,100,000 low | high Med: $715,000 On site: 77 low | high Med: 15 | |
