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Ready just in time for 2024 fishing season on the majestic Madison River! Here is a very unique opportunity to own an upscale condominium fourplex in the storied town of Ennis Mt, home base to southwest Montana recreational opportunities. There are four 1632 sq ft units in this building, all 3 bedroom, 2 bathroom, each having private attached one car garage and gear storage room. Each unit possesses front row views of the Madison Range which can be enjoyed from deck as well as living area and primary bedroom. This development is close to the main street of Ennis, Madison Grocery, Deemos meats and all the fun restaurants, shops and bars and is a short drive to a variety of Madison river access points. Please inquire about investment summary which details projected cash flow from short term rental program, NOI, IRR models etc. Happy to discuss 1031 exchange timing!

• Days on Market
  236

Additional Features

• Appliances
  Dishwasher, Disposal, Microwave, Range, Refrigerator, Dryer, Washer
• Architectural Style
  Contemporary, Fourplex
• Builder Name
  Ninth Element Construction
• City
  Ennis
• Co List Agent Direct Phone
  406-539-2550
• Co List Agent Email
  jim@westernranchbrokers.com
• Co List Agent Full Name
  Jim Toth
• Co List Office Name
  Western Ranch Brokers L L C
• Construction Materials
  Metal Siding, Wood Siding
• Contract Status Change Date
  2024-02-15
• Cooling
  Central Air, Ceiling Fans
• Cooling
  Yes
• Cumulative Days On Market
  208
• Directions
  From Ennis, north on 287. Left on Laura lane, right on Otis Ave. Property is first new building on right after Sure Shot Coffee.
• Documents Count
  9
• Flooring
  Partially Carpeted, Plank, Vinyl
• Garage
  Yes
• Heating
  Electric, Forced Air
• Heating
  Yes
• Interior Features
  Vaulted Ceilings, Walk In Closets
• Latitude
  45.357176
• Levels
  Three Or More
• Listing Contract Date
  236
• Listing Key
  1061522533
• List Price
  2700000
• Longitude
  -111.733320
• MLS Area Major
  Madison/ Beaverhead/ Jefferson
• MLS Area Minor
  7 M M - Madison - Madison Vly
• MLS Status
  Active
• Original List Price
  2800000
• Originating System Name
  S W M T
• Parcel Number
  27023322
• Parking Features
  Garage, Garage Door Opener
• Patio And Porch Features
  Balcony
• Photos Count
  33
• Postal Code
  59729
• Property Sub Type
  Quadruplex
• Property Type
  Residential Income
• Roof
  Asphalt, Shingle
• Security Features
  Fire Sprinkler System, Heat Detector, Smoke Detectors
• Sewer
  Public Sewer
• Standard Status
  Active
• Stories
  3
• Subdivision Name
  North Forty
• Tax Legal Description
  TBD in Title Commitment.
• Unparsed Address
  420 Sage Avenue
• Utilities
  Electricity Available, Fiber Optic Available, Sewer Available, Water Available
• View
  Farmland, Mountains, Valley, Trees Woods
• View
  Yes
• Waterfront Features
  None
• Water Source
  Public
• Year Built
  2023

Let me show you this listing!