Lease · Butte, MT 59701
721 / 735 Hobson Avenue, Butte, MT 59701
Butte, MT 59701
$2,030,000
Active Under ContractMLS® 30077190
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.
Interior
- Laundry Washer Hookup
Exterior and Construction
- Construction Poured
Utilities
- Sewer Public Sewer
- Utilities Sewer Available
- Water Community/Coop
Land and Lot
- Lot size 0.626 acres (27,268 sq ft)
Location and Zoning
- Zoning Multi-Family
- Zoning description R-3
- County Silver Bow
- Neighborhood Bellevue
Schools
- School District Butte Elementary School District
Tax and Legal
- Annual tax $14,409
- Tax year 2025
- Parcel number 01119830222080000
- Legal description BELLEVUE ADD, S30, T03 N, R07 W, BLOCK 9, LOT 24 - 32
Listing Information
- Listing Agent
- Mike McLeod
- Listing Office
- McLeod Real Estate Group
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