Three existing buildings provide reliable annual cash income in excess of $21,000 which are currently rented at significantly below market rates. However, the long term value of the property is based on its development potential. There is preliminary approval for a nearly 1/2 acre building pad. Highest and best use is the construction of 10 or more upmarket condo units projected to sell in excess of $400/ sq ft. One of the last available prime development opportunities in downtown Whitefish.
Off market
$1,401,500
224-230 W 2nd St, Whitefish, MT 59937
6beds
1,500sqft
MultiFamily
Built in 1975
-- sqft lot
$1,401,500 Zestimate®
$934/sqft
$2,740 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Cooling
- None
Features
- Flooring: Hardwood
Interior area
- Total interior livable area: 1,500 sqft
Property
Parking
- Parking features: None
Features
- Has view: Yes
- View description: Water, Mountain
- Has water view: Yes
- Water view: Water
Lot
- Size: 1.50 Acres
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1975
Community & neighborhood
Location
- Region: Whitefish
Other
Other facts
- Balcony
- No Utilities included in rent