1110-1120 Park, Butte, MT | MLS#:390223

1110-1120 W Park Street | Butte, MT

$799,950

Estimated Monthly Payment: $4,353 at 7.22% interest.

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MultiFamily

About 1110-1120 W Park Street
STATUS: Contingent
AREA: Butte and Surrounding Areas
LISTING DATE: Mar 8, 2024
SUBDIVISION: None
TYPE: MultiFamily
YEAR BUILT: 1940
PARKING: 2 Spaces/Unit
LEVELS/STORIES: 2
ACRES: 0.14
MLS ID: 390223
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Beautifully updated historic 6-plex a stone’s throw from MT Tech Arch! Any closer to campus and this would be student housing! Perfect blend of original Craftsman details throughout including built-in hutches, natural wood trim and doors, and hardwood flooring combined with updated plumbing including sinks, toilets, tubs, and fixtures, updated wiring including new electrical service and main shutoff, unit breaker panels, lighting, kitchen and bath cabinets, counters, appliances, and vinyl windows. (5) 2-bed units and (1) 1-bed unit have either forced air or radiant boiler heat (3 all-new boiler systems in past 3 years) keeping tenants cozy in the winter. 3 units on main level have their own washers and dryers that are a huge bonus. The current owner has spent almost $200K in building-wide upgrades since 2021 to transform this property into a real jewel and a solid performer. 5 units remodeled on 1 yr leases with the 6th underway, proforma gross yearly income forecast at $72,000 soon (including 2 car detached garage.) Easy walk to campus and the walking trail with ample off-street parking close to everything Uptown Butte has to offer! You will be hard-pressed to find an apartment this close to campus with this much history and updating so don’t wait!

Listing courtesy of: Berkshire Hathaway - Butte

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