MLS # 30004198
635 S Idaho Street, Butte, MT 59701

MLS 30004198 $618,000

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!

Contact

Dauenhauer Real Estate
Philipsburg, Montana 59858
(406) 859-5563

Architecture

Architectural Style: Patio Home
Building Area Source: Public Records
Building Area Total: 2646
Construction Materials: Brick
Foundation Details: Combination
Heating: Natural Gas
Interior Features: Ceiling Fans, High Ceilings, Laminate Counters
Levels: Two
Property Condition: Updated Remodeled
Structure Type: Multi Family
Window Features: Blinds
Year Built: 1900
Year Built Source: Public Records

Features / Amenities

Appliances: Built In Range, Built In Refrigerator, Dishwasher, Electric Water Heater, Microwave

Property Features

Laundry Features: Washer Hookup, Electric Dryer Hookup, Laundry Room
Lot Size Acres: 0.069
Lot Size Square Feet: 3006
Number Of Units Total: 4

Location

Directions: GPS will take you there

Legal and Taxes

Parcel Number: 01119713329100000
Tax Annual Amount: 3772
Tax Legal Description: TRAVONIA ADD, S13, T03 N, R08 W, BLOCK 4, LOT 31
Tax Year: 2022
Zoning: Residential
Zoning Description: 1

Occupant Owner

Occupant Type: Tenant

Realtor

Property Sub Type: Quadruplex
Property Type: Residential Income

© 2024 Montana Regional MLS. 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 not guaranteed and should be independently verified. Listed By: Jennifer Plute, Fort and Home Realty, 63 1/2 W. Broadway, Butte, MT, 59701


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