W 702 & 708 Park Street
Butte, MT 59701

$989,000.00

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MLS® #: 380614
Type: ResidentialIncome

Check out this investment! Purchase this bad boy and instantly add 10 doors to your investment portfolio! A property of this size has not hit the market in Butte for quite some time. It literally takes up half a block on Park Street. 4 blocks from Montana Tech and 3 from St. James Hospital, great rental location! The units are 2 and 3 bedrooms, full kitchens full baths, and large living rooms. Not the average shotgun apartment you see most often in the area. Functions well for a family or a squad of responsible college students (tip: put the parents name on the lease) haha! Basement units are bright, large windows, lots of light; main level units offer access for tenants who can't do stairs; and penthouse units offer porch and views! Great rental history, super low vacancy rate. Right now the cap rate is just around 6%, but with small improvements, i.e. - tenant paying own utilities - projected cap rate is 10%. There is a lot to be gained in this property. Call today to learn more!

Amenities

Zip: 59701

SQFT: N/A

Property Type: ResidentialIncome

Lot Size:

Levels: ThreeOrMore

Office Name: eXp Realty, LLC

Year Built: 1906

Subdivision: None

Area: Butte and Surrounding Areas

Status: Active

(Data provided by Gallatin-BigSky-BSC data)