417 Ferguson Ave Bozeman, MT 59718
- Residential income homes
- 1,073 SF
- 0.40 lot acres
Current Use by Public Records
- Residential income homes
Property Details for 417 Ferguson Ave
- Year built
- 2008
- Lot size
- 0.40 lot acres
- Property size
- 1,073 SF
- Property type
- Residential income homes
Description
This exceptional investment opportunity presents a fully leased, five-unit multifamily property located at 417 N Ferguson Ave, Bozeman, MT 59718. The property consists of a single, two-story building constructed in 2008, offering a total of 5,423 net rentable square feet across five individually deeded units, each averaging approximately 1,100 square feet. Each unit boasts a private detached garage and a fenced backyard, enhancing tenant appeal. The property is connected to City of Bozeman water and sewer services, ensuring reliable infrastructure. Situated on a 0.403-acre lot, the property benefits from an R-3 zoning designation. Currently operating at 100% occupancy, this stabilized investment offers immediate cash flow and significant upside potential in Bozeman's thriving multifamily market. Its convenient location provides easy access to local amenities, including restaurants, schools, and recreational facilities. The property is approximately 2.4 miles from Montana State University, 0.8 miles from The Ridge Athletic Club, and 0.9 miles from Gallatin High School, further enhancing its desirability. This individually deeded structure provides flexibility and potential for future individual sales or management strategies. The asking price is $1,999,000.
Value Estimation
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Bozeman
- County
- Gallatin
- State
- Montana
- Longitude
- -111.094
- Latitude
- 45.6839
