100 South Montana Street, Butte, MT
Multi-family for Sale - $424,000 - 14,485 Sq. Ft.
Property Info
CIMLS# | 1000560 |
Location 100 South Montana Street Butte MT 59701 | |
Updated | October 26th, 2020 |
Type | Multi-family |
Price | $424,000 |
Building | 14,485 Sq. Ft. |
Property Description
The Colonial Apartment building in Uptown Butte. Could be Butte's best re-development project. In the URA District, project may qualify for grants and loans through the URA program. Seller started re-development, now looking for a new buyer to complete for investment income. There are 24 rental units, all studios except for one 1-bedroom unit. Contact listing agent for Estimated NOI, Seller estimated future development costs and the cost of the development already done by the Owners. Development already completed includes all new windows, electric & natural gas backbone, a great amount amount interior framing, all demo. New roof and drain system in about 2009. All units have windows, may with great views. Very near the newly announced $ 28 million Medical Training Center estimated to add about 75 full time jobs to the neighborhood and bring 3,000 to 4,000 doctors and nurses each year for training. Also very near the recently completed $ 25 million Northwestern Energy Corporate Headquarters building and the newly open County Parking Garage.