450 Montana Ave
450 Montana Ave, Lovell, WY · Big Horn
0.2
Acres
1950
Built
About This Property
Income producing commercial real estate in downtown Lovell, Wyoming with room to develop/expand. The property offers 3 apartment units and an additional rental space currently being operated as a beauty salon. Updates and amenities include a newer roof, furnace, hot water heater, new paint and flooring, new LED lighting, new vanities, vinyl siding, handicap accessibility to salon and lots of off-street parking. 2 apartments have 1 year leases, 1 apartment is a month to month rental and the salon is a 1 year lease. The seller pays all utilities (approximately $336 per month). Tenants remove all snow. The location is excellent and a very short walk to main street and local businesses, a short drive to the Big Horn Mountains for outdoor recreation on National Forest with hiking, ATV and horseback riding, fishing, camping and hunting galore. Cody, Wyoming is less than a 1 hour drive and Yellowstone National Park is just down the road.
Estimated Monthly Payment
$1,824/mo
Estimate only. Based on 7.0% rate, 30-yr fixed, 20% down. Actual rates, taxes, insurance, and HOA may vary. Does not include PMI. Consult a lender for accurate figures. Source: standard amortization formula per §18.2.11.
Big Horn County Market Snapshot
$685K
Median Price
18
Avg Days on Market
47
Active Listings
This property is listed at $279,000 — 59% below median for Big Horn County.
Source: Real Estate Outlaws market analysis. Not MLS data. Data approximate and subject to change.
Property Details
Listed by Canyon Real Estate, LLC · 307-527-7092 · Agent: Lance Bower
Source: Northwest Wyoming Board of REALTORS® MLS
Location
Living in Lovell, Wyoming
Airport Access
Nearest commercial airport: Yellowstone Regional Airport (COD) in Cody, WY
Yellowstone
Yellowstone East Gate via Cody, about 52 miles, 1 hr drive
Recreation
Shoshone National Forest, Bighorn National Forest, Yellowstone National Park all within reach
Schools
Contact us for details on local schools and districts
Source: distances are approximate and based on typical driving conditions. Verify with local resources.
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Listing information deemed reliable but not guaranteed. Listing data provided by the Northwest Wyoming Board of REALTORS® MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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