136 Belmont St Philipsburg, MT 59858

Property Details for 136 Belmont St

Lot size

0.54 lot acres

Property type

Mixed-use properties

Property subtype

Land

Description

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.