817 E Park Ave, Anaconda, MT 59711

Located in an Opportunity Zone, The historic Gavin House Apartment complex is now available for sale. We are offering this property for sale for $573,000 to any buyers who are able to close before November 15. List price is $778,000 for all closings after that date. Located in Anaconda's historic commercial district, this building is a great investment opportunity. Currently four of the 23 apartments are rented out with the remainder still needing significant updates and renovation. Most apartments are studios, which have proven popular. The four finished studio apartments are currently generating $40,500.00 in rent per year ($3,375.00 per month). New roof was installed in 2019. ARCO Testing and metals abatement completed in 2020. Conveniently located near the Old Works Golf Course, Discovery Ski Area, Fairmont Hot Springs, and Montana State Hospital. Please call (Montana Area Code)498-5560 for details or to schedule a showing.