REMAX of Bigfork

Montana MLS listings similar to 30060007

71 Hawthorn Avenue, Kalispell 71 Hawthorn Avenue, Kalispell 71 Hawthorn Avenue, Kalispell
Kalispell
$795,000
Attention investors! Offering a cash-flowing and desirable 4-plex in the heart of Kalispell. Centrally located, four 2-bed 1-bath units, fully rented with long-term renters, all on month-to-month leases. Each unit has their own laundry in unit. Washers and dryers belong to tenants. Several improvements have been made to building and to the units including new windows, new decks and vinyl plank flooring in 2 of the 4 units. NEW ROOF 12/25. At asking price, this investment currently yields just under a 6% cap rate and with a slight rent increase to current market value would be just under 7%. Please see docs for 2024, 2025 and projected income and expense estimates. There will be no showings of the interiors of the units until offer has been accepted. Buyer may preview units during inspection period. Based on recent market activity, we expect this one won't last long!

Land: 0.27 acres
Waterfront:
MLS Number: 30060007
Days on Market: 102

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The Hollinger Team

Can we answer any questions for you?

With a lifetime of experience living here in Montana's Flathead Valley, we can answer any question you might have—we've got a ton of real estate expertise, but we can also help with the practical stuff too, like where the best fishing spots are, when ski season begins, and what to do if a moose wanders into your property.

Give us a call, or drop us a note, we'd love to introduce ourselves...
(406) 837-5531 | email: Scott, Diana, Kellie, Drew, or Dane

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