716 W Pine St, Unit Missoula Missoula, MT 59802

Property Details for 716 W Pine St

Year built

1920

Lot size

0.13 lot acres

Property size

2,632 SF

Property type

Commercial real estate

Description

This meticulously maintained 1920s Victorian home and attached Accessory Dwelling Unit (ADU) presents a unique investment opportunity in the heart of Missoula, Montana. Located just blocks from the downtown area, this property boasts significant rental income potential, having successfully operated as both short-term (Airbnb, $250-$300/night) and long-term rentals. The main house recently commanded $4,000 per month in long-term rent, while the ADU generates an additional $1,500 monthly. The property sits on a 0.13-acre lot and encompasses a total of 2,632 square feet. The commercial zoning overlay district and M1R-2 zoning allow for a variety of potential uses and future development options. Recent updates to both structures enhance their value and appeal. These improvements include new Hardie Plank siding, updated electrical panels in both units, central air conditioning, a new furnace, and a new water heater in the main house. The sewer lines have also been recently relined. The main house features an open floor plan, spacious rooms, walk-in closets, and retains its original architectural details, including unique lighting fixtures, maple flooring with mahogany and fir insets, a beautiful mahogany staircase, and beveled lead glass windows. The one-bedroom ADU has also undergone significant updates, including a new wall split, electrical panel, garage door, and some new plumbing. Furnishings may be available separately. This property offers a blend of historic charm, strong rental income, and exciting development possibilities.

Location Insight

City

Missoula

County

Missoula

State

Montana

Longitude

-114.0031

Latitude

46.87629