Multi Family Home · Butte, MT 59701
721 / 735 Hobson, Butte, MT 59701
Butte, MT 59701
$2,030,000
PendingMLS® 414240
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
- Heating Baseboard
Utilities
- Sewer Public Sewer
- Utilities Natural Gas Available, Sewer Available, Water Available
- Water Public
Location and Zoning
- Zoning description R3
- County Silver Bow
- Neighborhood Bellevue
Schools
- School District Butte Elementary School District
Tax and Legal
- Annual tax $12,045
- Tax year 2025
- Parcel number 0001901580
- Legal description BELLEVUE ADD, S30, T03 N, R07 W, BLOCK 9, LOT 24 - 32
Parking and Garage
- Garage description 4+ Spaces/Unit
- Garage Covered
Listing Information
- Listing Agent
- Mike McLeod
- Listing Office
- McLeod Real Estate Group, LLC
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