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633-635 S Idaho

Butte, MT 59701
  • $618,000
  • STATUS: Active
  • ON SITE: 157 Days
  • MLS #: 381626
UPDATED: 37 min ago
$618,000
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1900
County:

School Ratings & Info

Description

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 Buttes 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!

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© 2023 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: 2023-09-25T20:52:11.13.
www.carrmontana.com/homes/138749143
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633-635 S Idaho Butte, MT 59701

  • Price: $618,000
  • Status: Active
  • On Site: 157 Days
  • Updated: 37 min ago
  • MLS #: 381626
0
Beds
0
Baths
0
½ Baths
0.07
Acres
1900
Built
Neighborhood:
None
County:
Silver Bow
Area:
10Bwm - Butte - West Of Montana
Property Description
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 Buttes 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!
Exterior Features

Architectural Style Fourplex Construction Materials Brick Levels Two Patio And Porch Features CoveredPatio Road Frontage Type Waterfront Features None Waterfront YN No

Interior Features

Above Grade Finished Area 0 Appliances DishwasherRangeRefrigerator Cooling Ceilingfans Flooring PlankVinyl Heating Naturalgas Heating YN Yes Laundry Features Washerhookup Window Features Windowcoverings

Property Features

Gross Income 48000 Listing Terms CashItem3rdpartyfinancing Possession Closingfunding Property Sub Type Additional Quadruplex Property Subtype Quadruplex Sewer Publicsewer Special Listing Conditions None Tax Annual Amount 3772 Tax Year 2022 Tenant Pays ElectricityGasSewerTrashcollectionWater Utilities NaturalgasavailableSeweravailableWateravailable Water Source Public Zoning Description R1 - Residential Single-Household Low Density

Listing courtesy of Jennifer Plute of Fort And Home Realty: 406-490-6146. © 2023 Big Sky Country MLS. All rights reserved.


© 2023 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: 2023-09-25T20:52:11.13.
 
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Carr Montana Real Estate | Keller Williams
515 W Aspen St., Ste 200E
Bozeman MT, 59715