S 633-635 Idaho
Butte, MT 59701

$618,000.00

Want To Learn More

Property Inquiry Form

MLS® #: 381626
Type: ResidentialIncome

Freshly renovated and stabilized 4-unit multifamily. Each unit offers a 1 bed / 1 bath shotgun style arrangement complete with in-unit washer and dryer hookups in large back room that could be a great office or additional storage and exterior entry doors to all units. Units are separately metered, allowing tenants to assume utility payments. All four units are freshly renovated including completely redone kitchens, bathrooms, and laundry rooms. New Flooring, paint, window coverings, Gas heater and hot water tank, electrical and plumbing updated throughout. The classic 2 up, 2 down arrangement provides each unit with exterior entry via their own front door. The location provides easy access to all Butte’s amenities. The investment is underwritten at an actual expense ratio of 30% inclusive of property management fees and a 5.2% CAP rate. This is your opportunity for a truly passive investment opportunity in the heart of Big Sky Country!

Amenities

Zip: 59701

SQFT: N/A

Property Type: ResidentialIncome

Lot Size: 0.069

Levels: Two

Office Name: Fort and Home Realty

Year Built: 1900

Subdivision: None

Area: Butte and Surrounding Areas

Status: Active

(Data provided by Gallatin-BigSky-BSC data)