210 & 214 S Black Avenue
Bozeman, Montana 59715

$3,100,000

MLS #388936

Listing Details

  • 0.2986Acres
  • $3,100,000Price

Are you an investor looking for a premier multi-family portfolio in Downtown Bozeman? Are you interested in developing two of the last conjoined, undeveloped B-3 (highest zoning designation) parcels in the city limits just blocks from Main Street? If the answer to any of those two questions is yes, then look no further than 210 & 214 S Black Avenue. These two four-plexes, adjacent to the Residential and Commercial Black & Olive building offer short and long term income potential as well as a significant re-development opportunity. Sitting on 13,000sf+ of Central Business District Zoning (B-3), there is opportunity for countless ground-up projects here, from boutique hotel to large-scale high-end luxury development. Just a two minute walk from historic Main Street on Bozemans Southside, the Black Avenue portfolio represents an opportunity for the savvy investor that doesnt come around that often -- if ever. Both properties have recently been updated and most units are offered fully furnished with high-end finishes and currently function as turn-key rentals. The B-3 zoning designation allows for residential and commercial development and the highest density development opportunities -- and its extremely rare to find two properties of this income-generating and long-term investment magnitude side-by-side.

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210 & 214 S Black Avenue210 & 214 S Black Avenue210 & 214 S Black Avenue210 & 214 S Black Avenue

Additional Features

  • City
    Bozeman
  • Construction Materials
    Hardboard
  • Contract Status Change Date
    2024-01-09
  • Cooling
    Varies By Unit
  • Directions
    The 2 properties south of Black & Olive
  • Fencing
    Partial
  • Flooring
    Hardwood, Partially Carpeted
  • Garage
    Yes
  • Heating
    Baseboard, Forced Air
  • Heating
    Yes
  • Latitude
    45.676874
  • Levels
    Other
  • Listing Contract Date
    2024-01-09
  • Listing Key
    1054211092
  • List Price
    3100000
  • Longitude
    -111.035095
  • Lot Size Acres
    0.29860
  • Lot Size Square Feet
    13007
  • MLS Area Major
    Bozeman City Limits
  • MLS Area Minor
    1 S M - Boz Main to Kagy
  • MLS Status
    Active
  • Original List Price
    3100000
  • Originating System Name
    S W M T
  • Parcel Number
    000 R G H6102, 000 R G H2003
  • Parking Features
    Common, Garage
  • Patio And Porch Features
    Covered, Porch
  • Photos Count
    42
  • Postal Code
    59715
  • Property Sub Type
    Multi Family
  • Property Type
    Residential Income
  • Road Surface Type
    Paved
  • Roof
    Asphalt
  • Sewer
    Public Sewer
  • Standard Status
    Active
  • Subdivision Name
    Black Addition
  • Tax Annual Amount
    10044
  • Tax Legal Description
    BLACK ADD, S07, T02 S, R06 E, BLOCK C, LOT 18, ACRES 0.161, N 10 LOT 17 & S 15 LOT 19 BLACK ADD, S07, T02 S, R06 E, BLOCK C, LOT 20, ACRES 0.138, N 10 LOT 19 & S 5 LOT 21 PLUS VACANT ALLEY
  • Tax Year
    2023
  • Unparsed Address
    210 & 214 S Black Avenue
  • Utilities
    Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Waterfront Features
    None
  • Water Source
    Public
  • Year Built
    1925
Jody Savage

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Listing Provided By The Agency Bozeman, Jeremy Seglem

Information provided by Big Sky Country MLS is compiled from miscellaneous sources. Neither the Association, listing brokers, agents or subagents are responsible for its accuracy. MLS users should be advised and should advise prospective purchasers to verify all information regarding the property by their own independent investigation prior to submitting an offer to purchase the property.

What our clients are saying:

Jody was awesome to work with. We were new to the area and she was helpful and knowledgeable about not only the housing market, but schools, and lenders. She worked with my work schedule for showings. Jody also stayed late to write an offer to meet our schedule. I would recommend Jody to anyone needing a realtor.

M.L.

Jody is FANTASTIC!! We were first time home buyers and she was with us ever step of the way! She never made us feel silly for being new to the process. She definitely knows the area, always kept us up to date on new listings and was just a delight to work with. I would have absolutely zero hesitation recommending her to anyone. Thanks for all the hard-work Jody! We love our house!

K.G.

Jody Savage is knowledgeable, trustworthy and tireless. I purchased a property this spring (2017) near Bozeman; Jody represented me as well as the seller in the transaction. Jody led me through the entire process because this was the first property I had ever purchased. HOA complications and other details made the purchase more difficult. Jody undertook a boat-load of legwork to make the transaction go smoothly. I hope to work with Jody again.

J.D.

Jody is amazing. She knows the market and was able to advise us on all our many concerns. We so appreciated how responsive she was; within minutes of submitting an online request for realtor contact on a house, she had called us. All our communications with her were like that; we never had to wait long to hear back from her. She was patient and always willing to sit down and meet with us. When we found the house we wanted, she worked tirelessly to secure it for us, and she was extremely patient with us. She was easy to communicate with, understand, and a pleasure to work with – I highly recommend Jody!

J.T.

My wife and I used Jody Savage for the sale of our home in Gallatin Gateway, MT. Jody was exceptional in all phases of our sale. We had multiple offers over asking price and sold our home in two days! Jody uses up to date modern marketing, was extremely professional and knowledgeable regarding our market and addressing our needs. She was great to work with and very responsive to any questions we had. Jody is the best in the business and we highly recommend her services!

G.B.