Chuck Armbruster - Coldwell Banker Distinctive Properties

Description

The Colonial Apartment building in uptown Butte. The seller started re-development, needs to be completed. 24 rental units, studios. Recent updates include all new windows, some electrical, some interior framing. New roof and drain system in about 2009. In the URA District development so 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, many with great views. Could be uptown Butte's best development option!

Details

MLS#321935
StyleIndustrial
Sub-TypeResale
StatusActive
Year1920
Days On Site56

Features

SQ Feet14,485
Story(s)0

Market Activity 59701

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Area Information

StateMT
CountySilver Bow
CityButte
Zip Code59701
AreaButte and Surrounding Areas
Subarea10BWM - Butte - West of Montana
Listing VS Median (in 59701)
Price:
$495,000
low | high
Med:
$144,900
100% of Average
SqFt:
14,485
low | high
Med:
5,025
100% of Average
$ / SqFt:
$34
low | high
Med:
$29
65.618815015831% of Average
On Site:
56
low | high
Med:
1
100% of Average
Listing Updated: 08/14/2018
MLS Number: 321935
Listing Provided By:
Gary Shea  of  Century 21 Shea Realty
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