721 / 735 Hobson Avenue

Butte, MT 59701

About this property

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.

About this property

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.

Features and Additional Information

Schedule a Tour
It's free and no obligation

Schedule a Private Showing

$2,030,000 Active
11,400 sqft

Presented By Coldwell Banker Distinctive Properties Sun Valley

Agent Image
Get in touch today! Phone: 1-208-622-3400
Brokerage
McLeod Real Estate Group
1-406-494-3122
Curious to find out what your home is worth?
Get My Home's Worth arrow_forward

Area Information

| Silver Bow County |

$ 2,030,000
This listing is play_arrow 510.5% higher than the average in the area
$ 332,500 in the area
11,400 SqFt
This listing is play_arrow 623.4% larger than the average in the area
1,576 SqFt in the area
$ 178 $/SqFt
This listing is play_arrow 15.6% less than the average in the area
$ 211 $/SqFt in the area
8 days on site
This listing is play_arrow 83.0% below the average in the area
47 days on site in the area

Schools in the Area

  • turned_in
    Elementary School
  • turned_in
    Middle School
  • turned_in
    High School

Want to See More Listings in the Area?

Listed By Mike McLeod
Brokerage: McLeod Real Estate Group

Schedule a Private Showing

It's free and no obligation

Have Questions? Contact
Coldwell Banker Distinctive Properties Sun Valley

By submitting, you agree to receive promotional texts and/or calls from Coldwell Banker Distinctive Properties at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.
Real Estate Links Our Domains