Property summary
This stunning, fully renovated mixed-use building in Uptown Butte, Montana presents a compelling investment opportunity. Originally constructed in 1920, this four-story structure boasts 18 units: nine studios, four one-bedrooms, four two-bedrooms, and one three-bedroom unit. The 2,962 square foot lot houses a single building with a current occupancy rate of 95%. The property includes common area amenities such as a recreation room, gym, and laundry facilities. Two units are currently utilized as short-term rentals (furnished), while the remaining 16 units are leased long-term. Individual electric and natural gas meters for each unit simplify utility billing. This stabilized investment property offers a remarkable blend of historic charm and modern upgrades, reflecting the positive growth of Uptown Butte. Financial details are available upon execution of a non-disclosure agreement. The asking price is $3,500,000. This turnkey property is ideal for investors seeking a high-performing asset in a revitalized urban setting. Contact us today to schedule a showing and explore this exceptional opportunity.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
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
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C3 · Butte, MTZoning
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Zoning designation
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The district profile from the municipal source: what is on file for C3 in Butte, MT.
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