124/126 S 2nd, Livingston, MT 59047
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124/126 S 2nd, Livingston, MT 59047
124/126 S 2nd, Livingston, MT 59047
124/126 S 2nd, Livingston, MT 59047
124/126 S 2nd, Livingston, MT 59047
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Elyn Messner

Elyn Messner

+1(406) 220-9977
$ 849,000
Est. payment /mo
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124/126 S 2nd Livingston, MT 59047

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Livingston Original Plat

MLS Listing ID 414700

Year Built 1934

Annual Tax Amount $12,215

Tax Year 2025

Property Sub-Type Multi Family

Property Description

This leased mixed use building sits in the heart of historic downtown Livingston, Montana, an easy drive from Bozeman, and it is already producing income. The 8,151 square feet hold six units in a range of sizes, including two offices facing the street that put tenants front and center. Tenants share conference rooms, a common area with a kitchenette, and air conditioning, and generous windows fill the rooms with daylight and frame views of downtown. Behind the building, a studio apartment with an alley entrance adds a second, residential source of income. You can live on site, sign a long term tenant, or run it as a nightly rental. Listed at a 6.9% pro forma cap rate, this commercial investment brings steady cash flow now and room to add value for the next owner. Limited use restrictions in the historic district allow professional services, medical, retail, creative studios, coworking, and residential uses, and neighboring businesses are strong. As a northern gateway to Yellowstone National Park, Livingston sees visitors throughout the year and still keeps its authentic small town Montana feel. See the floor plans in the listing photos and schedule your private tour today.

Location

State MT

County Park

Area Park County

Direction Turn right onto 2nd Street and continue south; 126 S 2nd Street will be on your right-hand side shortly after the intersection with Park Street.

Interior

Heating Forced Air

Cooling Varies by Unit

Fireplace No

Exterior

Parking Features Off Site, Paved, On Street

Utilities Available Sewer Available, Water Available

Water Access Desc Public

Building

Entry Level Other

Sewer Public Sewer

Water Public

Level or Stories Other

Others

Tax ID 0000008700

Ownership Full

Acceptable Financing Cash, 1031 Exchange, Owner May Carry, 3rd Party Financing

Listing Terms Cash, 1031 Exchange, Owner May Carry, 3rd Party Financing

Special Listing Condition None

Listed by Berkshire Hathaway - Bozeman
Elyn Messner

Elyn Messner

Realtor

+1(406) 220-9977

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124/126 S 2nd