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UNDER CONTRACT - 628 Cottonwood St: 628 Cottonwood St, Missoula, MT 59801
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New to the market centrally located 4-Plex.
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New to the market centrally located 4-Plex. Across the street from Food Farm, close to the downtown area and the University of Montana. Both structures have been upgraded and well maintained with 2 relatively new High Efficiency furnaces and newer High Efficiency hot water heaters. New color-coded PEX plumbing throughout both buildings. The crawlspace areas have been completely cleaned out and have separate switched lighting throughout for easy access. The water to both buildings is separately metered and the larger building is a single source split amongst the apartments. The building was a 1995 Historical Preservation Award winner. Strong tenant history with very little vacancy.
There are three units in the main house and a separate stand along structure in the back of the property. The separate stand alone has new radiant heated, stained concrete floors and is heated with a high efficiency on demand hot water system for both the floor heating and domestic water. This unit has new cabinets and Wilsonart countertops Also has complete set of brand new stainless steel appliances including high end dishwasher. The main building includes a 1 bedroom, 1 3/4 bathroom apartment, a 1 bedroom 1 bathroom apartment, and a 2 bedroom 1 bathroom apartment while the separate outside building is 1 bedroom 1 bathroom. There is also a separate garage for tenant use. All rents are short-term allowing for adjustments to current market conditions. There is also a small studio room upstairs that could be used for tenant storage or den. It would be ideal to be owner-occupied with a separate apartment/building.
This listing includes the following addresses:
628 Cottonwood (544 S 5th St W, 542 S 5th St W, 544 1/2 S 5th St W)
624 Cottonwood
