Investment Property for Sale at 635 S Idaho Street in Butte, MT for $618,000

635 S Idaho Street | Butte

$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! MTR 30004198

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MLS Listing ID: 
MTR 30004198
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$618,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
MultiFamily
Primary Market Area: 
Butte
Address: 
635 S Idaho Street, Butte, MT 59701, US
County: 
Silver Bow
Latitude: 
46.0060605
Longitude: 
-112.5406703
Building Details
Details about the building on a property.
Architectural Style: 
Patio Home
Year Built: 
1900
New Construction: 
0
Construction
Construction Materials: 
Brick
Foundation Details: 
Combination
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Natural Gas
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.07
Lot Size (Area): 
3,006
Waterfront: 
0
Public Record
Parcel Number: 
01119713329100000
Property Zoning: 
Residential
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Jennifer Plute
Listing Office Name: 
Fort and Home Realty