520 N Black Avenue, Bozeman, MT 59715

Property Description

Live in one unit and let your tenant help pay your mortgage! Single family, home with apartment or duplex located in coveted downtown Bozeman! This versatile R-3 zoned property offers a fantastic opportunity for multi-functional living or investment. Here are some highlights: * **Flexible Living Space**: It can be used as a single-family home with 3 bedrooms and 2 baths, or easily converted into two separate units. The upstairs unit features 2 beds and 1 bath, while the downstairs unit has 1 bed and 1 bath. * **Development Potential**: The R-3 zoning and ample lot size present the possibility of adding an additional unit, subject to City planning approval. * **Detached Shop/Garage**: The property includes a 837 sq ft detached shop/garage with alley access. This space has previously rented for $1,000 to $1,200 per month, offering a great income opportunity. It also features separately metered utilities, 220V, and a new gas heater installed in 2021. 12 foot ceiling, loft storage 98SF office space, and an 8x10 garage door. * **Outdoor Amenities**: Enjoy a spacious deck off the back door and a large lawn area, providing plenty of potential to create your ideal outdoor space. Just 3 homes down from Bealle Park which boasts a playground ! This property truly offers significant potential to realize your dreams, whether as a primary residence, a rental income generator, or a development project.