721 / 735 Hobson, Butte, MT 59701

$2,030,000

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List Price
$2,030,000
MLS#
414240
Status
ACTIVE
County
Silver Bow
City
Butte
Property Subtype
Multi Family

Property Description

Unlock immediate, stable cash flow with this fully occupied 12-unit multi-family property situated in a desirable central location. Featuring 12 two-bedroom, one-bathroom floor plans, this property consistently attracts long-term tenants and provides for minimal vacancy. Residents enjoy the everyday convenience of dedicated covered parking and proximity to local shopping, dining, and recreational opportunities. What makes this investment stand out is its built-in dual revenue stream. Alongside the 12 residential apartments, the property features 30 on-site storage units, creating additional steady income. This investment is being offered at a 7% cap rate and is arguably the best investment property currently offered in SW Montana.

Additional Information

Days on Market
31
Year Built
1996
Stories
2
Cooling
None
Heating
Baseboard

Mortgage Calculator

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Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of Mike McLeod with McLeod Real Estate Group, LLC.