Description

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

Details

MLS#308572
StyleIndustrial
Sub-TypeResale
StatusActive
Year1920
Days On Site201

Features

SQ Feet14,485
Story(s)0

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Area Information

StateMT
CountySilver Bow
CityButte
Zip Code59701
AreaButte and Surrounding Areas
SubareaButte - West of Montana
Listing VS Median (in 59701)
Price:
$525,000
low | high
Med:
$149,000
100% of Average
SqFt:
14,485
low | high
Med:
2,104
100% of Average
$ / SqFt:
$36
low | high
Med:
$71
45.388828535218% of Average
On Site:
201
low | high
Med:
182
100% of Average
Listing Updated: 05/20/2018
MLS Number: 308572
Listing Provided By:
Gary Shea  of  Century 21 Shea Realty
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