721 / 73 Hobson
Butte, MT 59701

ACTIVE
$2,030,000

Listing Courtesy of Mike McLeod, McLeod Real Estate Group, LLC

Listing #414240

Multi Family

Type

About this property

Unlock immediate, stable cash flow with this fully occupied 12-unit multi-family property situated in a desirable central location. Featuring 12 two-bedroom, one-bathroom floor plans, this property consistently attracts long-term tenants and provides for minimal vacancy. Residents enjoy the everyday convenience of dedicated covered parking and proximity to local shopping, dining, and recreational opportunities. What makes this investment stand out is its built-in dual revenue stream. Alongside the 12 residential apartments, the property features 30 on-site storage units, creating additional steady income. This investment is being offered at a 7% cap rate and is arguably the best investment property currently offered in SW Montana.

property features

Location Information

MLS Area

Butte - W of Harrison to 4 Mi V

Subdivision

None

Longitude

-112.52615

Latitude

45.985165

Directions

Dewey Blvd to Nevada go north to Hobson take a left.

INTERIOR FEATURES

Interior

Square Feet

Bedrooms

Full / Half Baths

/ 0

Heating

Baseboard

Half Baths

0

Cooling

None

Floors

Laundry

Basement Description

Exterior FEATURES

Style

Stories

2

View Description

Exterior

Parking Description

Covered

Garage Spaces

0

Lot Size in Acres

NA

Water

Public Sewer

Zoning

R3

Patio / Deck Description

Fencing

ADDITIONAL INFORMATION

Year Built

1996

Roof/Attic

Property SubType

Multi Family

Amenities

© 2022 Big Sky Country MLS. All rights reserved.
This representation is based in whole or in part on data supplied by the Big Sky Country MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data is deemed reliable but is not guaranteed accurate.

Gallatin-BigSky-BSC data last updated at 2026-08-27 20:01:08 PM MT

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