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633-635 S Idaho

Butte, MT 59701
  • $618,000
  • STATUS: Active
  • ON SITE: 306 Days
  • MLS #: 381626
UPDATED: 33 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 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!

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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 Outlaw Realty. Data last updated: 2024-02-21T20:52:11.877.
www.outlaw.realty/homes/138749143
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633-635 S Idaho Butte, MT 59701

  • Price: $618,000
  • Status: Active
  • On Site: 306 Days
  • Updated: 33 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 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!
Exterior Features

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

Interior Features

Above Grade Finished Area 0 Appliances Dishwasher Range Refrigerator Cooling Ceiling Fans Flooring Plank Vinyl Heating Natural Gas Heating YN Yes Laundry Features Washer Hookup Window Features Window Coverings

Property Features

Gross Income 48000 Listing Terms Cash Item3rd Party Financing Possession Closing Funding Property Sub Type Additional Quadruplex Property Subtype Quadruplex Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 3772 Tax Year 2022 Tenant Pays Electricity Gas Sewer Trash Collection Water Utilities Natural Gas Available Sewer Available Water Available Water Source Public Zoning Description R1 - Residential Single- Household Low Density

Listing courtesy of Jennifer Plute of Fort and Home Realty: 406-490-6146. © 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 Outlaw Realty. Data last updated: 2024-02-21T20:52:11.877.
 
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Outlaw Realty
11 Lone Peak Dr #201
Big Sky MT, 59716