$1,800,000
( $335.82Per Sq Foot )
 $9,663 est/mo Sourced by Back At You

919 Mineral Avenue , Libby, MT 59923

Libby, MT 59923

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Description

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%. Contact Ashley Miner at 406-293-0951, or your real estate professional.

Details

MLS#30034433
Listing TypeFor Sale
Building NameGranite Apartments
Sub-TypeResale
StatusActive
Year1946
Days On Site126
Listing Provided ByCENTURY 21 Summit Realty | Ashley Miner

Features

SQ Feet5,360
BasementY
Acreage0.22
Property ViewYes
The information is being provided by Montana Regional MLS. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Montana Regional MLS. All Rights Reserved.

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Listings Checked: 1 minute ago
StateMT
CountyLincoln
CityLibby
Zip Code59923
Listing VS Median (in 59923)
Price:
$1,800,000
low | high
Med:
$470,000
100% of Average
SqFt:
5,360
low | high
Med:
2,029
100% of Average
$ / SqFt:
$336
low | high
Med:
$250
75.530566598949% of Average
On Site:
126
low | high
Med:
58.500000
100% of Average
Sourced by Back At You
Listing Updated: February 3, 2025 at 12:38:29 PM PST