The historic Albemarle Building is a one-of-a-kind investment opportunity offering 41 residential condos and six commercial condos! Once the former home of the historic Albemarle Hotel and Playhouse, this property is in a prime location, right in the heart of Livingston's vibrant downtown! Built in 1960, this once-in-a-lifetime investment opportunity was completely renovated, top to bottom, in 2016, including all new electrical and plumbing throughout the building; as well as a new fire suppression system and the addition of security cameras throughout the building! All units are rented, and long-term leases are in place for the commercial condos, with the seller reporting monthly gross rents of $36,743, and current annual gross rents of $440,916! The HOA covers water, sewer and building and common area maintenance - and each unit is individually metered for electricity! The seller owns the "air rights" above the building, which allows for the possibility of two additional floors to be added, with increased income potential! The building also boasts a management office with a lobby and restrooms, and the building offers onsite and off-site tenant parking! Schedule your showing today!
Sold
Price Unknown
105 W Park St, Livingston, MT 59047
42beds
40baths
--sqft
Multi Family
Built in 1960
-- sqft lot
$4,409,700 Zestimate®
$--/sqft
$1,816 Estimated rent
Home value
$4,409,700
Estimated sales range
Not available
$1,816/mo
Zestimate® history
Owner options
List your home for rent
$1,816/mo
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$1,816/mo
Rent Zestimate®
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$77,800/mo
Est. payment
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$77,800/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Chris Bruha 406-220-0580,
Yellowstone Brokers
Bought with:
Graham Miles, BRO-108402
Outlaw Realty
Source: Big Sky Country MLS,MLS#: 397376Originating MLS: Big Sky Country MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 42
- Bathrooms: 40
Heating
- Baseboard, Electric
Cooling
- Ceiling Fan(s), Varies by Unit
Appliances
- Included: Cooktop, Microwave, Refrigerator
- Laundry: Common Area
Features
- Flooring: Laminate
Interior area
- Finished area above ground: 0
Property
Parking
- Parking features: Common
- Has uncovered spaces: Yes
Features
- Levels: Three Or More
- Stories: 3
- Exterior features: Concrete Driveway
- Waterfront features: None
Details
- Parcel number: 0000005725
- Zoning description: CALL - Call Listing Agent for Details
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family
Materials
- Stucco
Condition
- Year built: 1960
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Electricity Connected, Natural Gas Available, Phone Available, Sewer Available, Water Available
Community & HOA
Community
- Security: Security System, Fire Sprinkler System, Heat Detector, Smoke Detector(s)
- Subdivision: None
HOA
- Has HOA: Yes
- Amenities included: Laundry
- HOA fee: $77,800 annually
Location
- Region: Livingston
Financial & listing details
- Tax assessed value: $513,602
- Annual tax amount: $39,305
- Date on market: 10/8/2024
- Cumulative days on market: 7 days
- Listing terms: Cash,3rd Party Financing
- Ownership: Full
- Tenant pays: Electricity
- Electric utility on property: Yes
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 1/31/2025 | Sold | -- |
Source: Big Sky Country MLS #397376 Report a problem | ||
| 1/28/2025 | Pending sale | $4,300,000 |
Source: Big Sky Country MLS #397376 Report a problem | ||
| 1/8/2025 | Contingent | $4,300,000 |
Source: Big Sky Country MLS #397376 Report a problem | ||
| 10/15/2024 | Pending sale | $4,300,000 |
Source: Big Sky Country MLS #397376 Report a problem | ||
| 10/8/2024 | Listed for sale | $4,300,000 |
Source: Big Sky Country MLS #397376 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $513,602 +22.8% |
| 2024 | -- | $418,231 |
| 2023 | -- | $418,231 +65.3% |
| 2022 | -- | $252,975 |
| 2021 | -- | $252,975 +82.8% |
| 2020 | -- | $138,381 |
| 2019 | -- | $138,381 +26% |
| 2018 | -- | $109,804 |
| 2017 | -- | -- |
| 2016 | -- | -- |
| 2015 | -- | -- |
| 2014 | -- | -- |
Find assessor info on the county website
Neighborhood: 59047
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Nearby schools
GreatSchools rating
- 3/10East Side SchoolGrades: 3-5Distance: 0.5 mi
- 7/10Sleeping Giant Middle SchoolGrades: 6-8Distance: 0.5 mi
- 5/10Park High SchoolGrades: 9-12Distance: 0.5 mi
- Montana
- Park County
- Livingston
- 59047
- 105 W Park St
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