721 / 735 Hobson AVE, Butte, MT 59701
721 / 735 Hobson AVE, Butte, MT 59701
721 / 735 Hobson AVE, Butte, MT 59701
721 / 735 Hobson AVE, Butte, MT 59701
721 / 735 Hobson AVE, Butte, MT 59701
721 / 735 Hobson AVE, Butte, MT 59701
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$ 2,030,000
Est. payment | /mo

0.63 Acres Lot


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$ 2,030,000
Est. payment | /mo
Save

0.63 Acres Lot

Key Details

Property Type Other Types

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

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

Nearby Locations

Joshua Bryant

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(406) 544-2917

josh@joshbryantrealestate.com

PO Box 3241, Missoula, Montana 59806, USA

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721 / 735 Hobson AVE