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Charity Waldo

charity.waldo@engelvoelkers.com +1(406) 212-4237

$ 2,495,000

Est. payment -/mo

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Price Dropped by $200K

419 S 3rd AVE Bozeman, MT 59715

5,774 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 5,774 sqft

Price per Sqft $432

Subdivision Park Addition

MLS Listing ID 30064670

Style Other,Victorian

HOA Y/N No

Year Built 1981

Annual Tax Amount $9,057

Tax Year 2025

Lot Size 10,585 Sqft

Acres 0.243

Property Sub-Type Triplex

Property Description

Opportunity knocks - This unique and high performing triplex offers a trifecta of built-in value: a historic footprint, a proven income stream for over 25 years and a coveted location in the heart of historic Bozeman. First time on market in over 25 years! Situated just blocks from Main Street shopping, dining and amenities and minutes to Montana State University, this property is the perfect blend of location and lucrative investment potential. Fully rented and priced to sell at a 6.5% cap rate, the property consists of three intentionally built units. The front unit is a charming Queen Anne style two story home with 4 bedrooms and 2 bathrooms. An attached duplex features Piping Plovers from the Craigshead Institute's Murals of threatened and Endangered Species Project. The duplex consists of two side by side units each with 5 bedrooms and 2.5 bathrooms. The Queen Anne front house is known as the Susan Kirk Residence. The main floor features spacious living areas, kitchen and bath. The home has been well maintained and includes a side driveway for parking, enclosed front and rear entryways and retains its historic charm with colorful paint and gingerbread elements including scalloped shingles and a variety of exterior siding textures. An attached duplex features spacious living and kitchen areas and additional flex space. An expandable rooftop solar array is connected to the north duplex unit and features EV charging. Concrete parking area features parking for 4 vehicles. A 2-car detached garage is currently used by the owners includes space for a shop/storage. There are several communal bike storage areas on the property including a covered pavilion. Yard spaces have been improved with thoughtful native landscaping and raised garden planters for the occupants to enjoy. Mature trees and shrubs allow for privacy and shade. Many possibilities exist to make the property your own (maintain/condex/development). More info below> This is a wonderfully convenient southside Bozeman location – only minutes to Montana State University, hospital, shopping, breweries, music venues, grocery stores, restaurants, services and amenities. Only 25 minutes to Bridger Bowl, 30 minutes to blue ribbon fly-fishing and river recreation, and 1 hour to Big Sky. Please don't disturb the tenants – shown by advanced appointment only. Don't miss the VR Matterport Tour.

Location

State MT

County Gallatin

Zoning RA City of Bozeman zoning

Rooms

Basement Other

Interior

Heating Baseboard, Electric, Gas, Radiant Ceiling, Stove

Cooling Other

Fireplace No

Appliance Dryer, Dishwasher, Range, Refrigerator, Washer

Laundry Washer Hookup, In Unit

Exterior

Parking Features Alley Access, Shared Driveway, On Street, See Remarks

Garage Spaces 2.0

Utilities Available Electricity Connected, Natural Gas Connected

Water Access Desc Public

Roof Type Asphalt

Porch Patio

Building

Lot Description Garden, Landscaped, See Remarks, Level

Dwelling Type Triplex

Entry Level Three Or More

Foundation Other, Poured

Sewer Public Sewer

Water Public

Architectural Style Other, Victorian

Level or Stories Three Or More

New Construction No

Others

Senior Community No

Tax ID 06079812435010000

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Pets Allowed Cats OK, Dogs OK

Virtual Tour https://campsite.bio/knoffgroup

Listed by Knoff Group Real Estate

Charity Waldo

Broker | License ID: RRE-BRO-LIC-56701

+1(406) 212-4237

Charity Waldo

419 S 3rd AVE Bozeman, MT 59715

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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419 S 3rd AVE