Are you a savvy builder or developer looking for a great investment opportunity? Look no further than this Montana investment property for sale. This property offers an extraordinary amount of potential, with two single-family residences and 8 separate lots totaling approximately 0.88 acres of land.
Both residences are two bed/one bath homes in good shape and currently functioning as rentals. One even offers a lower level studio space with a separate bathroom and entrance. These two solid, leased homes are only the beginning of the possibilities this investment property offers.
The remaining land, approximately 7 lots, is currently being used as a mobile home park with seven lots leased and two more lot spaces available to lease. With a maximum zoning density of 11 homes per acre, this land is ripe for development.
Located within 7 minutes of downtown Missoula and the UM campus, this property is in an ideal location for both residents and developers. The city of Missoula offers a vibrant community with a thriving arts and culture scene, outdoor recreation opportunities, and a strong local economy.
Potential uses for this investment property include developing the land into a small housing development, building additional rental units, or expanding the mobile home park. The possibilities are endless for a savvy developer with an eye for potential.
Not only does this property offer great potential for development, but it also comes with the added benefit of no radon records. Radon is a radioactive gas that occurs naturally in the soil and can seep into homes and other buildings, causing health problems. With no radon records, this investment property is a safe and healthy option for residents and developers alike.
Overall, this Montana investment property for sale offers an exceptional opportunity for those looking to invest in real estate. With two solid, leased homes and the potential for development, this property is a developer’s dream. Don’t miss out on this chance to invest in the vibrant community of Missoula and create something great.
Nhn Montana Avenue, Missoula, MT 59802