MLS NUMBER
381626
LISTING DATE:
550 Days Ago
LOT SIZE
0 Acres
AREA:
Butte and Surrounding Areas
PRICE
$618,000
GARAGE
SUBDIVISION:
None
LEVEL / STORIES:
2
TYPE
N/A
STATUS:
Active
YEAR BUILT:
1900
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!
Listing courtesy of: Fort and Home Realty
(Data provided by Gallatin-BigSky-BSC data)