Lease

626 8th Avenue S

Great Falls, MT 59405

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ActiveMLS® 30080761
$699,000
626 8th Avenue S, Great Falls, MT 59405
Bds Ba 4,792 Sq.Ft. 0.172 Ac
Description

Approved 6th Unit = Exceptional Upside Potential! Opportunity, Opportunity, Opportunity! This income-producing 5-plex offers a rare value-add investment opportunity with city approval already in place for a sixth unit, creating immediate potential to increase cash flow and overall property value. Ideally located just blocks from 10th Avenue South and downtown, tenants enjoy convenient access to restaurants, shopping, entertainment, and everyday amenities, all within walking distance. The strong location helps support tenant demand and long-term investment stability. Unit #1 is currently undergoing renovation, providing flexibility for the new owner. Purchase the property before completion and finish the project to your specifications, or have the remodel completed prior to closing. Price includes finished remodel. With existing income, a downtown-adjacent location, renovation upside, and an approved path to a sixth unit, this property checks all the boxes for investors seeking both cash flow and future growth. Please allow 24-hour notice for all showings. Don't miss this exceptional investment opportunity.

Interior
  • Appliances Dishwasher, Range, Refrigerator
  • Laundry Common Area
  • Heating Baseboard, Electric, Forced Air, Gas
Exterior and Construction
  • Construction Poured
Utilities
  • Sewer Public Sewer
  • Utilities Electricity Connected, Natural Gas Connected
Land and Lot
  • Lot size 0.172 acres (7,492 sq ft)
  • View Residential
  • Lot description Sprinklers In Ground
Location and Zoning
  • Road/Access Alley, City Street
  • County Cascade
  • Zoning GREAT FALLS ORIGINAL TOWNSITE, S12, T20 N, R03 E, BLOCK 498, Lot 007, 02301512315090000
Schools
  • School District Great Falls High School District
Tax and Legal
  • Annual tax $6,751.21
  • Tax year 2026
  • Parcel number 02301512315090000
  • Legal description GREAT FALLS ORIGINAL TOWNSITE, S12, T20 N, R03 E, BLOCK 498, Lot 007
Parking and Garage
  • Garage Alley Access, On Street
  • Garage spaces 2

Listing Information

Listing Agent
Beth Schoenen
Co-Listing Agent
Ed Schoenen
Listing Office
RE/MAX of Great Falls
MLS logo

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