Property Listing No Longer Available for Sale

100 S. Montana, Butte, MT

Others for Sale - $424,000


Property Info

CIMLS#1029018
Location
  100 S. Montana
  Butte MT 59701
UpdatedJanuary 7th, 2020
TypeOthers
Price$424,000

Property Description

The Colonial Apartment building in uptown Butte. The seller started re-development. It needs to be completed. 24 rental units, studios. Recent updates include all new windows, some electrical, some interior framing. New roof and drain system in about 2009. In the URA District, so development may qualify for grant/loans. Seller has estimated dollars to complete and believes post-development can provide a 10% cap rate. All units have windows, many with great views. Could be uptown Butte's best development option!


Financials



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