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$ 2,030,000
Est. payment /mo
New
721 / 735 Hobson AVE Butte, MT 59701
11,400 SqFt
UPDATED:
Key Details
Property Type Other Types
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 11,400 sqft
Price per Sqft $178
MLS Listing ID 30077190
HOA Y/N No
Year Built 1996
Annual Tax Amount $14,409
Tax Year 2025
Lot Size 0.626 Acres
Acres 0.626
Property Sub-Type Apartment
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.
Location
State MT
County Silver Bow
Zoning Multi-Family
Interior
Interior Features InteriorFeatures
Fireplace No
Laundry Washer Hookup
Exterior
Carport Spaces 12
Utilities Available Sewer Available
Water Access Desc Community/Coop
Garage No
Building
Foundation Poured
Sewer Public Sewer
Water Community/Coop
New Construction No
Others
Senior Community No
Tax ID 01119830222080000
Special Listing Condition Standard
Listed by McLeod Real Estate Group