404 Arlee Street$650,000
Hot Springs, MT
0.33 ACRE
$650,000
Property Details
BIG PICTURE
HOME
0.33
ACRE
Description
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.PRICE
$650,000
FEATURES
- MLS #: 30076355
- Lot: 14,200.56 sqft
- Single-Family
- Built in 1997
- Cooling: Window Units
- Heating: Baseboard, Electric, Wall Furnace
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