Unique Investment Opportunity – Two Homes on One Lot at 711 & 713 4th Ave S, Great Falls, MT 59405.
ALL CASH OR REHAB FINANCING ONLY. Both houses have foundation issues (like most 1800's built homes in the GF area with the gumbo clay) due to their age that may eventually need attention. It does not effect their rentability so we have never cared to spend the money. We have a quote for 25k that we will share at your request to fix the front house (711.) Never considered fixing the back house (713) so you'd have to get that quote on your own but I'm sure it would be considerably less than the front house due to the size difference. They have been major money makers but we are leaving Montana and unfortunately must sell.
Discover a fantastic investment opportunity with two fully furnished homes on one lot in the heart of Great Falls. Located at 711 and 713 4th Ave S, these well-maintained properties offer incredible rental potential with an outstanding rental history at a price you can't beat.
711 4th Ave S: Rented at $2,500/month
Size: Approximately 1,500 sq ft
Bedrooms: 5
Bathrooms: 1
Features: Recently remodeled (2022), this home features a large living area, a fully equipped kitchen with modern appliances, an in-unit washer/dryer, and much more. The home is fully furnished with all the essentials and includes ample parking with two-four (depending on how tight you park) private, front facing spaces via a curb cut. The fully fenced yard offers privacy and outdoor space that has been very popular with guests with dogs.
713 4th Ave S: Rented at $1,750/month
Size: Approximately 500 sq ft
Bedrooms: 1
Bathrooms: 1
Features: This cozy, fully furnished home is also lightly remodeled, offering a comfortable living area, a queen-size bed, and an in-unit washer/dryer. There are three private parking spaces and a fully fenced yard with a lawn.
Rental History: Like 711 4th Ave S, this property enjoys a stellar 3 year rental history, ensuring reliability and value for the next owner.
Both homes are currently available for rent with flexible month-to-month leases, offering convenience for tenants. Utilities are included at 713 4th Ave S, while tenants at 711 4th Ave S are responsible for utilities.
Total rents over the last 3 years have averaged around 5k/month. All furniture to be included in the sale. Turnkey BNB.
Whether you're looking to expand your rental portfolio or seeking a great investment property with proven success, these homes offer significant potential in a prime location.
Rental listings included below:
711: https://www.apartments.com/711-4th-ave-s-great-falls-mt/nnt937n/
713: https://www.apartments.com/713-4th-ave-s-great-falls-mt/4zztxcj/
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