$ 599,000
-
$599,000
Price -
11
Bed -
8
Bath -
0
SqFt
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About the Listing 545500495 - mt.kchapman
This unique multi-unit property in Hot Springs offers five established rental units with the opportunity to expand to seven, making it an excellent investment for buyers looking to grow their portfolio. The property includes a 3-bedroom, 2-bath main home with vaulted ceilings and a 12x20 workshop, a studio cottage with dedicated laundry, a studio cabin with a loft, and a newly built two-story duplex, completed in 2025, featuring two 3-bedroom, 2-bath units, each with laundry hookups. The expansion opportunity is already underway with footings in place for an additional duplex, a city-approved variance to complete the project, and water, sewer, and electrical infrastructure already installed. This allows the next owner to add two more rental units while saving significant time and development costs. The groundwork has already been done, creating a rare opportunity to expand an already income-producing property.
Listing Highlights
Interior Details
- Bedrooms: 11
- Bathrooms: 8 Full
- Appliances: Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
- Air Cond: Window Unit(s)
- Heating: Baseboard,Electric,Wall Furnace
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Crawl Space
- Other: Vaulted Ceiling(s),Walk-In Closet(s)
- Water: Public
Exterior Details
- Lot Description: Wooded,Level
- Garage Capacity: N/A
- Lot Dimensions: 14201 Square Feet
- Roof: Metal
- Others: Fire Pit
- Sewer: Public Sewer
Financial Details
- Tax Amount: $2,505
- Taxes w/Assessments: N/A
- Tax/Property ID: 35309604408050000
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
404 S Arlee St Hot Springs, MT 59845
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