10 days on rocket

1216 8th Ave S, Great Falls, MT, 59405

$1,195,000

Home List Price

$10,000*

Closing Credit

0 Baths
Condo
Schools Nearby

Location

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1216 8th Ave S, Great Falls$1,195,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1952
HeatingForced Air, Natural Gas
MLS #30023833
Lot Size0.34 Acres
StatusActive

About 1216 8th Ave S

Exceptional 12-unit Investment Opportunity! Recently renovated w/amazing cash flow & super low vacancy. Turn-key property priced under 100K per unit! Achieving an impressive 8.36 Cap rate with room to grow, GOI is 128,015 & NOI is 100,505. Awesome curb appeal w/lg well-maintained lot, this mid-century garden style, 3-building structure offers 11-1 bds, 1–2 bd, separate coin-op laundry, 2 addit'l storage rms-future apt expansion?-& 5 off-street parking spots. 9 units are fully rehabbed w/3 needing further renovations & under market rent providing buyers with a great value-add & projected increase of addit'l income. Each unit separately metered for electric/gas. A full list of improvements is avail & incl new elec service/panels, cement work/grading, paint, kitchen cabinets, flooring, lighting, custom tile in baths, vanities, appliances, HVAC. Let’s discuss this rare opportunity & start collecting from your new passive income stream today! Listed by Amber D. Corrow-Scott and Jamie Laabs.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1952

Listing Office:

  • Office Name: Fathom Realty
  • Office Phone: (406) 750-5634
  • Listing Agent: Amber D Corrow-Scott, Jamie Laabs

Interior Features

Interior Information:

  • Appliances: Range, Refrigerator
  • Basement: No

Lot Features

Lot Information:

  • Lot Size: 0.34 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

School Info

Assigned Schools Information:

  • Great Falls High School, Public District Grades 9-12
  • East Middle School, Public District Grades 7-8
  • Longfellow School, Public District Grades PK-6

Other

Directions Information:

  • Directions: Google Maps

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,195,000
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Housing Market Comparison

See how this home compares to others in Great Falls, MT.

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Great Falls, MT

City

Med. Sold Price

$319.9K

Med. Price/SqFt

$170

Avg. Days On Market

60

# of Sold Homes

67

1216 8th Ave S vs Great Falls

10 DAYS ON ROCKET

-50 Days

$1,195,000

+$875K More

KEY TAKEAWAY

This property is $875K more than the Median Sold Price in Great Falls, MT.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MTR
  • MLS Number: #30023833

Listing Office:

  • Office Name: Fathom Realty
  • Office Phone: (406) 750-5634
  • Listing Agent: Amber D Corrow-Scott, Jamie Laabs

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Montana Regional Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright© 2024 Montana Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/7/2024, 1:20:38 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$6,032

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,649

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-7567378
2
/10

  • Longfellow School

  • 1100 6th Ave S

  • 0.17 miles

  • Public District Grades PK-6

Middle School

school-card-donut-7567379
3
/10

  • East Middle School

  • 4040 Central Ave

  • 2.34 miles

  • Public District Grades 7-8

High School

school-card-donut-7567380
3
/10

  • Great Falls High School

  • 1900 2nd Ave S

  • 0.63 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $48,571. Typical income of Great Falls, MT residents is between $35k-100k annually. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1216 8th Ave S

What is the listing price of this property?

The listing price of 1216 8th Ave S property is $1,195,000.

What type of property is this?

The property 1216 8th Ave S is a condo located in Great Falls, Montana, 59405.

Is this property for sale now?

Active Listing: 1216 8th Ave S is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1216 8th Ave S are:
Longfellow School: GreatSchools Rating 2/10
East Middle School: GreatSchools Rating 3/10
Great Falls High School: GreatSchools Rating 3/10

Which year was this property built?

The year of construction for 1216 8th Ave S is 1952.

Rocket Homes›Montana›Cascade County›Great Falls›59405›1216 8th Ave S

This home is located at 1216 8th Ave S in Great Falls, MT and zip code 59405. This home, which was built in 1952, sits on a 0.34 acre lot. It has been listed on Rocket Homes since April 26, 2024 and is currently priced at $1,195,000.

Great Falls, MT housing market in April 2024 saw over 14 listings sold above listed price, more than 27 sold at listed price and over 26 sold below. The inventory of homes for sale in Great Falls, MT between March 2024 and April 2024 increased by 4.9%. The median list price of listings available in April 2024 was $319,916, while the average time on the real estate market was 60 days.

From Rocket Homes Real Estate and based on county public records data.

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