W 1110-1120 Park Street
Butte, MT 59701

$799,950.00

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MLS® #: 390223
Type: ResidentialIncome

Beautifully updated historic 6-plex a stone’s throw from MT Tech Arch! Any closer to campus and this would be student housing! Perfect blend of original Craftsman details throughout including built-in hutches, natural wood trim and doors, and hardwood flooring combined with updated plumbing including sinks, toilets, tubs, and fixtures, updated wiring including new electrical service and main shutoff, unit breaker panels, lighting, kitchen and bath cabinets, counters, appliances, and vinyl windows. (5) 2-bed units and (1) 1-bed unit have either forced air or radiant boiler heat (3 all-new boiler systems in past 3 years) keeping tenants cozy in the winter. 3 units on main level have their own washers and dryers that are a huge bonus. The current owner has spent almost $200K in building-wide upgrades since 2021 to transform this property into a real jewel and a solid performer. 5 units remodeled on 1 yr leases with the 6th underway, proforma gross yearly income forecast at $72,000 soon (including 2 car detached garage.) Easy walk to campus and the walking trail with ample off-street parking close to everything Uptown Butte has to offer! You will be hard-pressed to find an apartment this close to campus with this much history and updating so don’t wait!

Amenities

Zip: 59701

SQFT: N/A

Property Type: ResidentialIncome

Lot Size: 0.142

Levels: Two

Office Name: Berkshire Hathaway - Butte

Year Built: 1940

Subdivision: None

Area: Butte and Surrounding Areas

Status: Active

(Data provided by Gallatin-BigSky-BSC data)