607 Professional Drive Unit 4, Bozeman, MT 59718

$1,100,000

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List Price
$1,100,000
MLS#
411786
Status
ACTIVE
County
Gallatin
City
Bozeman
Property Subtype
Quadruplex

Property 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.

Additional Information

Days on Market
58
Year Built
2003
Stories
2
Interior Features
Walk-In Closet(s), Window Treatments
Cooling
Central Air
Heating
Forced Air
Roof
Metal
Hoa Fee
$2,313
HOA Fee Frequency
Quarterly

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Calculator source: Real Geeks

Courtesy of Michael Reams with Starner Commercial Real Estate.