Remarkable investment opportunity in the heart of Great Falls, MT! This 3-story apartment building features 6 spacious 1 bed/1 bath units & is a gem waiting for the right investor to unlock the potential. 3 of the units have already had upgrades initiated, showcasing modern amenities & stylish finishes that are sure to attract premium tenants. The other 3 units are ready for an investor to put their own touches on. The building also features a 2-stall detached garage, with extra storage space, adding convenience and appeal to prospective tenants. Moreover, the basement presents a possibility to add a 7th unit, further maximizing your ROI. This property is an opportunity to generate steady income & build equity. Seize this chance to expand your portfolio with a this asset in a desirable location. Don’t miss out on this prime investment opportunity. Text/call John Carlson at 406-390-1381, or your real estate professional, today to schedule a viewing and envision the possibilities! THIS IS A CONSTRUCTION ZONE MOSTLY !!!!! BE CAREFUL WALKING THROUGH!!!!! There's two units on the main floor with a few things started. The two units on the second floor as well as the one unit on the third floor have alot of the work already done, flooring, paint and cabinets are mostly done. There is currently one unit in the basement that has not been touched. With some creativity there is potential for a 7th unit in the basement. The basement also currently has a laundry room that needs updated as well.
Property Details
Property Features
Property Information:
Architectural Style: Multi-Level, Tri-Level
Year Built: 1918
Listing Office:
Office Name: Bullhook Real Estate LLC
Office Phone: (406) 390-1381
Listing Agent: John Carlson
Interior Features
Interior Information:
Basement: No
Exterior Features
Parking Information:
Garage Space: 2 spaces
Lot Features
Lot Information:
Lot Size: 0.17 Acres
Other
Directions Information:
Directions: address
Price Information
Listing Price Info
Price Summary:
List Price: $340,000
Tax Information:
Annual Amount: $1,322
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Great Falls, MT.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,764
Per Month
Principal & Interest
$1,697
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,086
Powered By
Advertisement
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Whittier Elementary School
305 8th St N
Distance between this listing and this school0.20 miles
Public District Grades KG-6
2
/10
Longfellow Elementary School
1100 6th Ave S
Distance between this listing and this school0.96 miles
Public District Grades KG-6
7
/10
Riverview Elementary School
100 Smelter Ave NW
Distance between this listing and this school1.24 miles
Public District Grades KG-6
Nearby Schools
5
/10
North Middle School
2601 8th St NE
Distance between this listing and this school1.30 miles
Public District Grades 7-8
4
/10
East Middle School
4040 Central Ave
Distance between this listing and this school2.83 miles
Public District Grades 7-8
6
/10
Centerville 6-8
693 Stockett Rd
Distance between this listing and this school11.12 miles
Public District Grades 6-8
Nearby Schools
3
/10
Great Falls High School
1900 2nd Ave S
Distance between this listing and this school1.23 miles
Public District Grades 9-12
6
/10
C M Russell High School
228 17th Ave NW
Distance between this listing and this school1.24 miles
Public District Grades 9-12
7
/10
Centerville High School
693 Stockett Rd
Distance between this listing and this school11.12 miles
The neighbors living near this home have an average income of $31,042. Typical income of Great Falls, MT residents is less than $35k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Living In Great Falls, MT
Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.
Types of housing in Great Falls, MT.
Great Falls offers a diverse array of housing options, with single-family homes being a significant part of the market. The architectural styles in the area range from rustic log cabins to contemporary and craftsman designs, reflecting the region's blend of traditional charm and modern sensibilities. The housing market is characterized by a mix of older homes with rich histories and newer constructions that cater to modern living standards.
What is it like to live in Great Falls, MT?
Great Falls is celebrated for its serene ambiance and close-knit community spirit. The city prides itself on its rich cultural heritage, with events like the annual State Fair and the Western Art Week drawing residents and visitors alike. The community's character is further enhanced by the stunning natural beauty of the surrounding landscapes, including the iconic waterfalls that give the city its name.
Is it easy to get around Great Falls, MT without a car?
The community is served by a network of public schools, healthcare facilities, and a public library system that collectively cater to the educational and wellness needs of residents. Great Falls boasts a variety of retail and dining options that reflect the local culture, offering everything from quaint boutiques to family-owned restaurants. The city is attentive to the evolving needs of its residents, with initiatives aimed at enhancing service provisions in line with demographic trends.
Transportation in Great Falls, MT.
Great Falls features a practical transport infrastructure that includes a network of roads and highways facilitating travel and commuting within and beyond the city. Public transit options are available, providing residents with alternatives to private vehicle use. The community's layout offers varying degrees of walkability, with certain areas being more pedestrian-friendly than others. The city also supports bikeability through designated lanes and trails for cyclists.
Frequently Asked Questions About 615 5th Ave N
What is the listing price of this property?
The listing price of 615 5th Ave N property is $340,000.
What type of property is this?
The property 615 5th Ave N is a condo located in Great Falls, Montana, 59401.
Is this property for sale now?
Active Listing: 615 5th Ave N is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $1,322 (source: MLS/based on county public records data).
Which year was this property built?
The year of construction for 615 5th Ave N is 1918.
This home is located at 615 5th Ave N in Great Falls, MT and zip code 59401. This home, which was built in 1918, sits on a 0.17 acre lot. It has been listed on Rocket Homes since July 10, 2024 and is currently priced at $340,000.
Great Falls, MT housing market in October 2024 saw over 26 listings sold above listed price, more than 17 sold at listed price and over 40 sold below. In October 2024 in Great Falls, MT there were 3.9% less homes for sale than in September 2024. Listings spent 63 days on the market in October 2024, and had a median list price of $320,040 during the same period.
From Rocket Homes Real Estate and based on county public records data.