Main Street – Butte, Montana

  • 20190730_073903
  • OZ-Map-30093000100.image

Project Category: Substantial Improvement Property

  • Summary

    Description: Project is 4 adjacent lots comprising 8 units. 3 of the units are complete and rented. Two, twin duplexes and a stand alone cottage remain as well as some landscaping and curb appeal elements.

    Advantages: 3 units already rented meaning day 1 revenue. High visibility units that are easy to rent. Off Street parking. Garbage and sewer included in taxes.

    Location: Great location that’s near everything – 1 block from restaurants, night life, the high school. 2 -3 blocks from Emma park and the gas station. 5 blocks from the hospital and freeway.

  • Details
    Project Qualification: Substantial Improvement Property
    Real Estate: Residential
    Total Capital Required: $725,000
    Project Control: We own all the key property
    Timeline: Less than 30 days
    File:
     Address: 649-661 1/2 S Main St. Butte Montana 59701 United States
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  • Project Narrative
    Project Narrative:

    PROJECT HIGHLIGHTS
    * Off Street Parking
    * High visibility location makes the properties easy to rent.
    * Local government eager to help with permits and see the project complete.
    * Projects are clean up and easy to inspect / Construction ready
    * Revenue producing on day one.
    * Residential units in walkable neighborhood.

    EXISTING STRUCTURES ON PROPERTY
    * 649-651 South Main - Duplex - 2 bed / 1 bath - flat roof - both Rented.
    * 655 South Main - Single Family home - 3 bed / 1 bath - Rented.
    * 655 1/2 South Main - Single Bedroom cottage behind 655 South main.
    * 659-659 1/2 South Main - Duplex - 3 bed /1 bath - demo complete, clean for inspection and ready to begin remodel immediately. (twin building to 661-661 1/2)
    * 661-661 1/2 South Main - Duplex - 3 bed /1 bath - demo complete, clean for inspection and ready to begin remodel immediately. (twin building to 659-659 1/2)

    ZONING:
    R2 - Multi-Family Residential