100 S Montana ST Active

Butte,MT 59701

$ 3500000

- Bed

- Bath

14485 SqFt


Key Details

Property Type Commercial

Sub Type Building/Land

Listing Status Active

Purchase Type For Sale

Square Footage 14,485 sqft

Price per Sqft $241

MLS Listing ID 30027215

HOA Y/N No

Year Built 1920

Annual Tax Amount $25,725

Tax Year 2023

Lot Size 2,962 Sqft

Acres 0.068

Property Description

Attention investors!! Welcome to The Colonial Apartments in Uptown Butte, MT. This historic building recently underwent a complete renovation, right down to the studs. The transformation is remarkable, and the property now stands as a modern masterpiece with a strong and stable rental history. It features a total of 18 units: 9 – studio units, 4- one bedroom units, 4 – two bedroom units, and 1 – three bedroom unit. In addition, residents can enjoy common areas and amenities such as a recreation room, a gym, and a laundry room. The current owner has chosen to rent two units as short-term rentals (Vrbo and Airbnb), these units are fully furnished for convenience and comfort. The remaining 16 units are currently leased as long-term rentals. Each unit has it’s own electric and natural gas meters allowing for tenants to pay these utilities. The Colonial Apartments is just one more example of the positive momentum in Uptown Butte. See the attached exterior and interior video. Financial information will be provided with an NDA approved by the Owner. If you are an investor in the market for a high-performing, turn-key property, reach out.

Location

State MT

County Silver Bow

Zoning C3

Interior

Fireplace No

Exterior

Waterfront No

Building

Foundation See Remarks

Others

Tax ID 01119713101220000

Special Listing Condition Standard

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