About 919 Mineral Avenue
Be the first to scoop up this apartment complex with incredible potential right downtown! This unique apartment complex, formerly a motel, offers a fantastic investment opportunity with immense potential for upgrades and renovations. Situated in a prime location, you’ll have easy access to parks and local attractions. There is a Manager’s Quarters on-site: Ideal for on-site management or additional rental income. These spacious units and roomy layouts can be transformed into modern living spaces. With some repairs and renovations, you can enhance the property’s value and appeal. This property is somewhat of a blank canvas, ready for your vision. Whether you want to renovate and increase rental income or convert the space for a different purpose, the possibilities are endless. The unfinished basement in both buildings offers even more potential for rentable space. More pictures coming soon! Cap rate is 4%.
Features of 919 Mineral Avenue
| MLS® # | 30034433 |
|---|---|
| Price | $1,700,000 |
| Square Footage | 5,360 |
| Acres | 0.22 |
| Year Built | 1946 |
| Type | Commercial Sale |
| Sub-Type | Building/Land |
| Status | Active |
Community Information
| Address | 919 Mineral Avenue |
|---|---|
| City | Libby |
| County | Lincoln |
| State | MT |
| Zip Code | 59923 |
Amenities
| Utilities | Cable Available, Electricity Available, High Speed Internet Available |
|---|---|
| Parking | Additional Parking |
| View | Mountain(s) |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Vinyl |
|---|---|
| Heating | Baseboard, Electric |
| Cooling | Wall Unit(s) |
| Fireplace | No |
| Has Basement | Yes |
| Basement | Unfinished |
Exterior
| Windows | Double Pane Windows, Insulated Windows |
|---|---|
| Roof | Metal |
| Foundation | Poured |
Additional Information
| Date Listed | October 8th, 2024 |
|---|---|
| Days on Market | 365 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |