Description
Annual gross rental income = $ 61,800. Cap Rate 6%. Newly and extensively renovated, including the systems, the pictures and attached video of the interior and exterior tell the story. The brick building has some special architectural features. The property has two buildings with a total of four units. Three units are the two-story brick building and the fourth unit is in a separate house. All units are currently rented. Two of the units in the brick building have 3 bedrooms and 1 1/2 bathrooms and the third unit has a 2 bedrooms and 1 bathroom. The unit in the house is 2 bedroom and 1 bathroom. See the rental income per unit in financial information section of this mls listing. Tenants pay electric and natural gas. Units have their own laundry. Property is conveniently located in Uptown Butte. If you are looking for a turn-key income producing property you must check-out this one out.
Details
| MLS # | 412317 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1900 |
| Days On Site | 113 |
| Listing Provided By | Century 21 Shea Realty | Gary Shea |
Features
| Story(s) | 2 |
|---|---|
| Units | 4 |
| Zoning | RMF |
Taxes
| Tax Annual Amount | 4331 |
|---|
Area Information
| State | MT |
|---|---|
| County | Silver Bow |
| City | Butte |
| Zip Code | 59701 |
| Area | Butte and Surrounding Areas |
| Subarea | 10BWM Butte West of Montana |
| Community Name | Other |
| Listing VS Median (in Other) | |
Price: $725,000 low | high Med: $539,450 On site: 113 low | high Med: 74.5 | |
Market Activity 59701
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Learn More About This Property
| State | MT |
|---|---|
| County | Silver Bow |
| City | Butte |
| Zip Code | 59701 |
| Area | Butte and Surrounding Areas |
| Subarea | 10BWM Butte West of Montana |
| Community Name | Other |
| Listing VS Median (in Other) | |
Price: $725,000 low | high Med: $539,450 On site: 113 low | high Med: 74.5 | |