Commercial Real Estate for Sale at 100 S Montana Street in Butte, MT for $3,500,000

100 S Montana Street | Butte

$3,500,000

Attention investors!! Welcome to The Colonial Apartments in Uptown Butte, MT. This historic building recently underwent a complete renovation, right down to the studs. The transformation is remarkable, and the property now stands as a modern masterpiece with a strong and stable rental history. It features a total of 18 units: 9 – studio units, 4- one bedroom units, 4 – two bedroom units, and 1 – three bedroom unit. In addition, residents can enjoy common areas and amenities such as a recreation room, a gym, and a laundry room. The current owner has chosen to rent two units as short-term rentals (Vrbo and Airbnb), these units are fully furnished for convenience and comfort. The remaining 16 units are currently leased as long-term rentals. Each unit has it’s own electric and natural gas meters allowing for tenants to pay these utilities. The Colonial Apartments is just one more example of the positive momentum in Uptown Butte. See the attached exterior and interior video. Financial information will be provided with an NDA approved by the Owner. If you are an investor in the market for a high-performing, turn-key property, reach out. MTR 30027215

Directions to property: See address

MLS Listing ID: 
MTR 30027215
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$3,500,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Primary Market Area: 
Butte
Address: 
100 S Montana Street, Butte, MT 59701, US
County: 
Silver Bow
Latitude: 
46.0116689
Longitude: 
-112.5390080
Building Details
Details about the building on a property.
Year Built: 
1920
Construction
Foundation Details: 
See Remarks
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.07
Lot Size (Area): 
2,962
Waterfront: 
0
Public Record
Parcel Number: 
01119713101220000
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Gary W Shea
Listing Office Name: 
Century 21 Shea Realty - Butte