Mixed-Use Income
450 Montana Ave Lovell, WY 82431
New
450 Montana Ave, Lovell, WY, 82431
$249,900
For Sale
$249,900
Downtown Lovell income property with three apartment units and a leased beauty salon plus off-street parking.
Days on Market6
Property Features for 450 Montana Ave
General Information
- Standard status
- Active
- Property subtype
- Commercial
Building Details
- Year Built
- 1950
Listing agency
Canyon Real Estate, LLC
Listed by
Lance J Bower
Source
Clearwaterproperties
Added: Jul 18 Updated: Jul 22 at 1:58AM Checked: Jul 22 at 4:06AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Canyon Real Estate, LLC
Investment Insights
Based on property information with market context.
This income-producing property in downtown Lovell includes three apartment units and an additional rental space operated as a beauty salon. Updates and amenities noted include a newer roof, newer furnace, hot water heater, new paint and flooring, new LED lighting, new vanities, and vinyl siding. The salon has handicap accessibility, and the property offers lots of off-street parking.
Unit leasing includes two apartments with one-year leases and one apartment on a month-to-month rental arrangement. The salon is on a one-year lease. The seller pays all utilities, approximately $336 per month, and tenants are responsible for removing snow.
The property is described as an easy walk to Main Street and local businesses. For outdoor recreation, it is a short drive to the Big Horn Mountains on National Forest land for activities such as hiking, ATV and horseback riding, fishing, camping, and hunting.
Unit leasing includes two apartments with one-year leases and one apartment on a month-to-month rental arrangement. The salon is on a one-year lease. The seller pays all utilities, approximately $336 per month, and tenants are responsible for removing snow.
The property is described as an easy walk to Main Street and local businesses. For outdoor recreation, it is a short drive to the Big Horn Mountains on National Forest land for activities such as hiking, ATV and horseback riding, fishing, camping, and hunting.
Key Highlights
- Income‑producing downtown Lovell, WY building with 3 apartment units and a leased beauty salon rental space
- Rental mix includes 2 apartments with 1‑year leases, 1 month‑to‑month apartment, and a 1‑year salon lease
- Recent updates: newer roof, furnace, hot water heater, new paint and flooring, and new LED lighting
Property Analytics
Location Intelligence
Current Use by Public Records
Legends Beauty Studio
Hair Salon
FAQs
What type of property is this?
Triplex - Downtown Lovell income property with three apartment units and a leased beauty salon plus off-street parking.
Where is this triplex located?
The property is located at 450 Montana Ave Lovell, WY.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Income‑producing downtown Lovell, WY building with 3 apartment units and a leased beauty salon rental space; Rental mix includes 2 apartments with 1‑year leases, 1 month‑to‑month apartment, and a 1‑year salon lease; Recent updates: newer roof, furnace, hot water heater, new paint and flooring, and new LED lighting
