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633-635 S Idaho

Butte, 59701

$618,000
Residential Listing
0.07 AC

Summary

Freshly renovated and stabilized 4-unit multifamily. Each unit offers a 1 bed / 1 bath shotgun style arrangement complete with in-unit washer and dryer hookups in large back room that could be a great office or additional storage and exterior entry doors to all units. Units are separately metered, allowing tenants to assume utility payments. All four units are freshly renovated including completely redone kitchens, bathrooms, and laundry rooms. New Flooring, paint, window coverings, Gas heater and hot water tank, electrical and plumbing updated throughout. The classic 2 up, 2 down arrangement provides each unit with exterior entry via their own front door. The location provides easy access to all Buttes amenities. The investment is underwritten at an actual expense ratio of 30% inclusive of property management fees and a 5.2% CAP rate. This is your opportunity for a truly passive investment opportunity in the heart of Big Sky Country!

Details

  • Neighborhood
    None
  • Type
    Quadruplex
  • Year Built
    1900
  • Lot Size
    0.07 AC
  • Flooring
    Plank, Vinyl
  • Levels
    Two
  • Heating
    Natural Gas
  • Cooling
    Ceiling Fan(s)
  • Community
    Butte
  • Utilities
    Natural Gas Available, Sewer Available, Water Available
  • Waterfront
    None
  • Days on Market
    507
  • Listing Courtesy of
    Fort and Home Realty
  • MLS #
    381626

Location

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ERA® and the ERA Logo are registered service marks owned by ERA Franchise Systems LLC. Robyn L. Erlenbush Real Estate, P.C. fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to ERA Franchise Systems LLC nor any of its affiliated companies. © 2019 Robyn L. Erlenbush Real Estate, P.C. All rights reserved.

All property data and market statistics are pulled from Big Sky Country MLS.

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