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100 S Montana Street

Butte, MT 59701
  • $3,500,000
  • STATUS: Active
  • ON SITE: 164 Days
  • MLS #: 30027215
UPDATED: 17 min ago
$3,500,000
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1920
County:
Area:

School Ratings & Info

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.

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© 2024 Montana Regional MLS. Information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed and should be independently verified. Data last updated: 2024-11-09T19:18:40.057.
www.montanalifere.com/homes/151000099
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100 S Montana Street Butte, MT 59701

  • Price: $3,500,000
  • Status: Active
  • On Site: 164 Days
  • Updated: 17 min ago
  • MLS #: 30027215
0
Beds
0
Baths
0
½ Baths
0.07
Acres
1920
Built
County:
Silver Bow
Area:
Butte
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.
Exterior Features

Carport YN No Foundation Details See Remarks Garage YN No Waterfront YN No

Interior Features

Basement YN No Fireplace YN No

Property Features

Building Area Total 14485 Property Sub Type Building / Land Special Listing Conditions Standard Tax Annual Amount 25725 Tax Legal Description BUTTE TOWNSITE S13 T03 N R08 W BLOCK 44 LOT 12 Tax Year 2023 Zoning Description C3

Listing Agent: Gary W Shea
Listing Office: Century 21 Shea Realty - Butte, Office Contact Info: 406-723-5455


© 2024 Montana Regional MLS. Information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed and should be independently verified. Data last updated: 2024-11-09T19:18:40.057.
 
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