Property summary
Exceptional investment opportunity in historic downtown Philipsburg, Montana! This unique mixed-use property encompasses three fully occupied residential homes situated on a sizable 0.544-acre lot spanning ten parcels. The property boasts stunning views of Winninghoff Park, offering proximity to the town center's vibrant atmosphere. Two of the homes provide spectacular views of the park's summer concerts and winter ice-skating, while the third enjoys a tranquil setting just a block away. All three homes have a proven rental history, ensuring a consistent income stream. Pre-existing plans detail the potential for developing multiple guest cabins, maximizing the property's income potential. Alternatively, the property could be utilized as a multi-family residence, or serve as a foundation for a significant commercial venture. Its central location, accessible from both Duffy Street and Belmont Street, and its position at the end of the Mill Street easement, further enhance its desirability. The property's versatility makes it suitable for a wide range of uses, from residential living to commercial development. Owner financing may be considered with a substantial down payment. Additional adjacent land may also be available for purchase. This rare opportunity presents a unique blend of residential income and significant development potential in a highly desirable location.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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