919 Mineral Ave, Libby, MT 59923
sale
$1,700,000
|
Multi-Family
Listed By CENTURY 21 Summit Realty
Be the first to scoop up this apartment complex with incredible potential right downtown! This unique apartment complex, formerly a motel, offers a fantastic investment opportunity with immense potential for upgrades and renovations. Situated in a prime location, you'll have easy access to parks and local attractions. There is a Manager's Quarters on-site: Ideal for on-site management or additional rental income. These spacious units and roomy layouts can be transformed into modern living spaces. With some repairs and renovations, you can enhance the property's value and appeal. This property is somewhat of a blank canvas, ready for your vision. Whether you want to renovate and increase rental income or convert the space for a different purpose, the possibilities are endless. The unfinished basement in both buildings offers even more potential for rentable space. More pictures coming soon! Cap rate is 4%.
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Property Features
- Age: 41-50 Years Old
- Appliances: Dryer
- Appliances: Microwave
- Appliances: Range / Oven
- Appliances: Refrigerator
- Appliances: Washer
- Area Description: Fishing
- Area Description: Mountain
- Area Description: Skiing
- Area Description: Hunting
- Cooling: A/C
- Cross Docks: N
- Exterior: Sprinkler System
- Exterior: Sidewalk
- Exterior Description: Stucco
- Exterior Living Space: Courtyard
- Fencing: Partially Fenced
- Flooring: Laminate
- For Auction: N
- General: Laundry Facilities
- General: Smoke Detector
- Heating - Fuel Type: Electric
- Heating Type: Baseboard
- Interior: Blinds
- Kitchen Features: Kitchen Facilities
- Lot Size Desc: 1-2 Acres
- MLSID: 30034433
- Parking Places: 20
- Pre-Wiring: Cable
- Pre-Wiring: Security System
- Price Upon Request: N
- Road Type: State Road
- Roof: Metal Roof
- Rooms: Staff Quarters
- Rooms: Guest Suite
- Sewer: City
- Style: Multi-Family (5-20 Units)
- Sublease: N
- Views: Mountain
- Water: City Water
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