Investment Property for Sale at 509/511 N 16th Avenue in Bozeman, MT for $1,190,000

Listing data last changed 4/5/2024
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509/511 N 16th Avenue | Bozeman

$1,190,000

Calling all investors! Fully leased duplex with value add development opportunity to build a 1566 sqft 3 bedroom, 2.5 bathroom ADU with an oversized 2 car garage. The plans approved with the City of Bozeman are shovel ready for the 2 story ADU with 1566 feet of living space and a 572 sqft garage! The existing structure highlights 3 bedrooms and 1 bath upstairs and 3 bedrooms 1 bath downstairs and both units are fully leased! The large bedrooms and and open kitchens are flooded with natural light from the windows. Tenants share the garage, 1 spot for each unit. The duplex sits on a large lot with access from N 16th street and the future ADU would be alley access. Capitalize on a fully leased duplex while you build the additional ADU structure. MTR 30017060

Directions to property: From Main St head N on 19th, R onto Durston, R on 16th

MLS Listing ID: 
MTR 30017060
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$1,190,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
MultiFamily
Primary Market Area: 
Bozeman
Address: 
509/511 N 16th Avenue, Bozeman, MT 59715, US
County: 
Gallatin
Latitude: 
45.6851684
Longitude: 
-111.0584247
Building Details
Details about the building on a property.
Architectural Style: 
Split-Level
Year Built: 
1969
New Construction: 
0
Basement: 
None
Construction
Construction Materials: 
Vinyl Siding
Foundation Details: 
Poured
Roof: 
Asphalt
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Hot Water
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.26
Lot Size (Area): 
11,200
Waterfront: 
0
Lot Features
Parking Type: 
Garage, Garage Door Opener, Shared Driveway, On Street
Garage: 
2
Public Record
Parcel Number: 
06079812230170000
Property Zoning: 
Residential
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Chris Archer
Listing Office Name: 
Keller Williams Montana Realty