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100 S Montana

Butte, MT 59701
  • $3,500,000
  • STATUS: Active
  • ON SITE: 19 Days
  • MLS #: 392545
UPDATED: 125 min ago
$3,500,000
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1920
County:

School Ratings & Info

Description

Attention investors!! Welcome to The Colonial Apartments in Uptown Butte, MT. This historic building recently underwent a complete renovation, right down to the studs. The transformation is remarkable, and the property now stands as a modern masterpiece with a strong and stable rental history. It features a total of 18 units: 9 studio units, 4- one bedroom units, 4 two bedroom units, and 1 three bedroom unit. In addition, residents can enjoy common areas and amenities such as a recreation room, a gym, and a laundry room. The current owner has chosen to rent two units as short-term rentals (Vrbo and Airbnb), these units are fully furnished for convenience and comfort. The remaining 16 units are currently leased as long-term rentals. Each unit has it's own electric and natural gas meters allowing for tenants to pay these utilities. The Colonial Apartments is just one more example of the positive momentum in Uptown Butte. Financial information will be provided with an NDA approved by the Owner. See the attached exterior and interior video. If you are an investor in the market for a high-performing, turn-key property, reach out.

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© 2024 Big Sky Country MLS. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Carr Montana Real Estate | Keller Williams. Data last updated: 2024-06-17T14:52:48.513.
www.carrmontana.com/homes/150981669
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100 S Montana Butte, MT 59701

  • Price: $3,500,000
  • Status: Active
  • On Site: 19 Days
  • Updated: 125 min ago
  • MLS #: 392545
0
Beds
0
Baths
0
½ Baths
0.07
Acres
1920
Built
Neighborhood:
10Bne - Butte - N Of Front, E Of Montana
County:
Silver Bow
Area:
10Bne - Butte - N Of Front, E Of Montana
Property Description
Attention investors!! Welcome to The Colonial Apartments in Uptown Butte, MT. This historic building recently underwent a complete renovation, right down to the studs. The transformation is remarkable, and the property now stands as a modern masterpiece with a strong and stable rental history. It features a total of 18 units: 9 studio units, 4- one bedroom units, 4 two bedroom units, and 1 three bedroom unit. In addition, residents can enjoy common areas and amenities such as a recreation room, a gym, and a laundry room. The current owner has chosen to rent two units as short-term rentals (Vrbo and Airbnb), these units are fully furnished for convenience and comfort. The remaining 16 units are currently leased as long-term rentals. Each unit has it's own electric and natural gas meters allowing for tenants to pay these utilities. The Colonial Apartments is just one more example of the positive momentum in Uptown Butte. Financial information will be provided with an NDA approved by the Owner. See the attached exterior and interior video. If you are an investor in the market for a high-performing, turn-key property, reach out.
Exterior Features

Road Frontage Type

Interior Features

Above Grade Finished Area 0

Property Features

Listing Terms Cash Item3rd Party Financing Possession Closing Funding Property Sub Type Additional Building Commercial Property Subtype Building Special Listing Conditions None Tax Annual Amount 25725 Tax Year 2023 Zoning Description C3 - Central Commercial

Listing courtesy of Gary Shea of Century 21 Shea Realty: 406-723-5455. © 2024 Big Sky Country MLS. All rights reserved.


© 2024 Big Sky Country MLS. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Carr Montana Real Estate | Keller Williams. Data last updated: 2024-06-17T14:52:48.513.
 
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Carr Montana Real Estate | Keller Williams
515 W Aspen St., Ste 200E
Bozeman MT, 59715