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    702 3Rd St Malta, MT 59538

    Sponsored
    For Sale
    $319,000

    Three-unit rental property in Malta, MT. High rental income.

    Property size:
    4,176 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional investment opportunity presents a well-maintained, three-unit multifamily property situated on a spacious 11,200 square foot lot in Malta, Montana. Built in 1980, this single-story building offers a total of 4,176 square feet of living space, with each unit featuring two bedrooms, one bathroom, and an attached garage. Adding to the convenience, each unit also includes a private storage shed. The property boasts a strong rental history with minimal vacancies, indicating consistent and reliable income generation. Zoned for commercial use, this property is priced at $319,000, representing a price per unit of $106,333.33 and a price per square foot of $76.39. The property's location at 702 S 3rd St E, Malta, MT 59538, offers a quiet neighborhood setting. This is an ideal owner-user investment, promising substantial returns and long-term value. The property is not subject to a ground lease.

    Property Features for 702 3Rd St

    General Information

    Property type
    Multifamily properties
    Square Feet
    4,176 SF

    Building Details

    Year Built
    1980
    Buildings
    1
    Stories
    1
    Units
    3

    HighLights

    • Well‑maintained, three‑unit multifamily property on an 11,200 sq ft lot in Malta, MT.
    • Each unit features two bedrooms, one bath, and an attached garage.
    • Includes private storage sheds for each unit.
    • Strong rental history with minimal vacancies.
    • Single‑story building totaling 4,176 sq ft; priced at $319,000 ($106,333.33/unit, $76.39/sq ft).
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential income homes

    Suggested Use

    Dental Office Clothing Store Pharmacy Department Store Skin Care Clinic Storage Facility Garden Center Discount Store Computer & Electronic Repair Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Malta
    County
    Phillips
    State
    Montana
    Longitude
    -107.861917
    Latitude
    48.3573015

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    FAQs

    What type of property is this?
    Multifamily property - Three-unit rental property in Malta, MT. High rental income.
    Where is this multifamily property located?
    The property is located at 702 3Rd St Malta, MT.
    What is the asking price?
    The asking price for this property is $319,000.
    What are key features of this property?
    This property features: Well-maintained, three-unit multifamily property on an 11,200 sq ft lot in Malta, MT.; Each unit features two bedrooms, one bath, and an attached garage.; Includes private storage sheds for each unit.
    Request Owner's contact information
    702 3Rd St Malta, MT 59538
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    702 3Rd St Malta, MT 59538
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