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321 Stone Street 1 4

Gardiner, 59030

$1,200,000
Residential Listing
0.16 AC

Summary

Opportunity Gardiner, Montana! Discover this fantastic 4-plex located a very short distance (approx. 150 meters) from Yellowstone National Park and the iconic Roosevelt Arch. This property offers a great chance to invest in an area that's had high demand for short-term rentals.Property Highlights: LOCATION -Prime spot near Yellowstone Park, Paradise Valley and the world-renowned Yellowstone River. iNCOME POTENTIAL - Conservative projections, with a 25% management fee and 55% occupancy rate, estimate a net operating income of $55k-$60k yearly before debt service and owner's draw. Additional income may be possible by offering the units as mid-term rentals during Yellowstone's 4-5 months of winter/off-season. UNITS: Each of the four units has approximately 812 square feet, featuring 2 bedrooms, 1 full bath, and electric baseboard heating. VERSATILITY: Perfect for short-term vacation rentals or medium-term stays, maximizing your investment. POSSIBLE OWNER FINANCING: Seller is willing to consider owner financing with a substantial down payment and acceptable terms. FINAL THOUGHTS: This property offers immense potential for generating consistent income in a high-demand area. Dont miss out on this exceptional investment opportunity near one of the nations most visited national parks!Contact us today for more information and to schedule a viewing.

Details

  • Neighborhood
    Gardiner Original Plat
  • Type
    Quadruplex
  • Year Built
    1987
  • Lot Size
    0.16 AC
  • Flooring
    Laminate, Partially Carpeted
  • Levels
    One
  • Heating
    Baseboard, Electric
  • Cooling
    None
  • View
    Mountain(s)
  • Community
    Gardiner
  • Utilities
    Electricity Available, Sewer Available, Water Available
  • Waterfront
    None
  • Days on Market
    125
  • Listing Courtesy of
    ERA Landmark Western Land
  • MLS #
    392381

Location

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ERA® and the ERA Logo are registered service marks owned by ERA Franchise Systems LLC. Robyn L. Erlenbush Real Estate, P.C. fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to ERA Franchise Systems LLC nor any of its affiliated companies. © 2019 Robyn L. Erlenbush Real Estate, P.C. All rights reserved.

All property data and market statistics are pulled from Big Sky Country MLS.

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