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Property profile & analytics
OFF-MARKET
Garden apartment buildings

518 Main N Ave Choteau, MT 59422

3,508 SF 0.4 ac lot Built 1948
Individually Owned Free & Clear
Property ID
US52-0601959
Property summary
AI-generated overview

This charming, beautifully renovated 1948 seven-unit apartment building presents a compelling investment opportunity in Choteau, Montana. Located at 518 (also known as 522) Main Avenue North, this centrally located property offers easy access to local shopping and community activities. The 5,296 square foot building sits on a 0.402-acre lot and boasts seven well-maintained units, each retaining its original charm while incorporating tasteful modern updates. The property demonstrates clear pride of ownership, both in the building and its grounds. This multifamily investment is ideal for an investor seeking a strong cash flow, or it could easily accommodate an owner-occupant. The property is zoned for multifamily use. Further details are available upon request. This is a single-story building. The asking price is $675,000. Note that some information in the original listing regarding a different property has been disregarded as it is not relevant to this listing.

Property profile
Verified
Property type Garden apartment buildings
Use group GARDEN APT, COURT APT (5+ UNITS)
Year built 1948
Construction WOOD
Total area 3,508 SF
Lot 0.4 ac (17,511 SF)
Zoning code 1
APN 31-3486-24-4-27-09-0000
UPID US52-0601959
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
BARBARA A LARSEN
BARBARA A LARSEN
Zoning & alternative use
1 · Choteau, MT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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