105 W Park Street

    Livingston, MT 59047
    • $4,200,000
    • STATUS: Active
    • ON SITE: 11 days
    • MLS #: 324437
    UPDATED: 17 min ago
    $4,200,000
    • 0
      BEDS
    • 0.37
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 28,631
      SQFT
    • $147
      $/SQFT
    Type:
    Commercial
    Built:
    1960
    County:

    School Ratings & Info

    Description

    Albemarle Building: One of a kind investment offering. 39 residential and 6 commercial condos. Waiting list for tenants of residential units. Commercial space is fully leased.This property is in a prime location where the historic Albemarle Hotel and Playhouse resided. Rebuilt in 1960, and fully removated in 2016, this is a once in a lifetime offering. With residential CAP rate of 6.2 and commercial of 7.3, this is an amazing investment opportunity. HOA covers water/sewer/bldg. and common area maintenance. Each unit is individually metered for power. Seller owns the "air rights" above the building, which allows for 2 additional floors to be added, with increased income potential.

    Monthly Payment Calculator

    © 2018 Southwest Montana Multiple Listing Service, Inc. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Hart Real Estate Solutions. Data last updated: 2018-08-18T21:51:43.13.
    www.hartres.com/homes/86306995

    105 W Park Street Livingston, MT 59047

    • Price: $4,200,000
    • Status: Active
    • Updated: 17 min ago
    • MLS #: 324437
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.37
    Acres
    28,631
    SQFT
    $147
    $/SQFT
    1960
    Built
    Neighborhood:
    6C - Livingston City Limits
    County:
    Park
    Area:
    6C - Livingston City Limits
    Property Description
    Albemarle Building: One of a kind investment offering. 39 residential and 6 commercial condos. Waiting list for tenants of residential units. Commercial space is fully leased.This property is in a prime location where the historic Albemarle Hotel and Playhouse resided. Rebuilt in 1960, and fully removated in 2016, this is a once in a lifetime offering. With residential CAP rate of 6.2 and commercial of 7.3, this is an amazing investment opportunity. HOA covers water/sewer/bldg. and common area maintenance. Each unit is individually metered for power. Seller owns the "air rights" above the building, which allows for 2 additional floors to be added, with increased income potential.
    Interior Features

    Heating Baseboard Heat"Gas Heating YN Yes

    Property Features

    Possible Use CommercialOther Tax Year 2018 Tenant Pays Electricity Utilities Cable ConnectedPhone ConnectedSewer ConnectedWater Connected Zoning Highway Commercial

    Listing courtesy of Sue Frye of Era Landmark Real Estate
    © 2018 Southwest Montana Multiple Listing Service, Inc. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Hart Real Estate Solutions. Data last updated: 2018-08-18T21:51:43.13.
     
    Hart Real Estate Solutions
    626 S Ferguson Suite 2
    Bozeman MT, 59718