• MLS® #: 389670
  • 420 Sage Avenue

  • Ennis, MT 59729
  • $2,800,000
  • Residential Income

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!

Essential Information

  • MLS® #389670
  • Price$2,800,000
  • Bathrooms0.00
  • Acres0.00
  • Year Built2023
  • TypeResidential Income
  • Sub-TypeQuadruplex
  • StyleContemporary, Fourplex
  • StatusActive

Community Information

  • Address420 Sage Avenue
  • Area7MM - Madison - Madison Vly
  • SubdivisionNorth Forty
  • CityEnnis
  • CountyMadison
  • StateMT
  • Zip Code59729

Amenities

  • GaragesGarage, Garage Door Opener
  • WaterfrontNone

Utilities

Electricity Available, Fiber Optic Available, Sewer Available, Water Available

View

Farmland, Mountain(s), Valley, Trees/Woods

Interior

  • HeatingElectric, Forced Air
  • CoolingCentral Air, Ceiling Fan(s)
  • StoriesThree Or More

Interior

Partially Carpeted, Plank, Vinyl

Appliances

Dishwasher, Disposal, Microwave, Range, Refrigerator, Dryer, Washer

Exterior

  • RoofAsphalt, Shingle
  • ConstructionMetal Siding, Wood Siding

Additional Information

  • Date ListedFebruary 21st, 2024
  • Days on Market74

Zoning

CALL - Call Listing Agent for Details

Property Location

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Agent: Liz Nitz
Office: Range Properties

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