420 Sage Avenue
Ennis, Montana 59729

MLS #389670 | $2,700,000

Listing Details

  • $2,700,000Price

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!

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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
    320
  • 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
    2024-02-15
  • 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

Contact So Red About This Listing

Listing Provided By Range Properties, Liz Nitz

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.

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