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$ 195,000
Est. payment | /mo
$ 195,000
Est. payment | /mo
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 414338
Year Built 1920
Annual Tax Amount $2,700
Property Sub-Type Multi Family
Property Description
Bring your toolbelt and your creativity to 1053 & 1055 S Colorado—a value-add project packed with flexibility, character, and multi-stream income potential.
The front home at 1053 S Colorado greets you with on the main level with hardwood floors in the living area, fresh paint, newer carpet, two bedrooms, two full bathrooms, and an efficient Rinnai heating unit. Downstairs is where your imagination gets to run wild. The full basement is a blank canvas needing sweat equity, but the groundwork is already in place with rough-in plumbing for a third bath, a secondary kitchenette setup, and two non-conforming bedrooms. Whether you build it out into an expansive four-bedroom, three-bath primary home or configure two distinct living levels for dual rental income, the footprint gives you plenty of room to play.
Out back, the separate 1055 S Colorado structure adds even more versatility. The ground level features a pumice-block garage ready for a workshop, storage, or parking, while the top floor houses a private one-bedroom, one-bathroom ADU that's primed to become a cash-flowing asset once dialed in. With two distinct buildings and multiple layout possibilities, this is the ultimate hands-on project to build serious equity. Schedule a private showing today.
The front home at 1053 S Colorado greets you with on the main level with hardwood floors in the living area, fresh paint, newer carpet, two bedrooms, two full bathrooms, and an efficient Rinnai heating unit. Downstairs is where your imagination gets to run wild. The full basement is a blank canvas needing sweat equity, but the groundwork is already in place with rough-in plumbing for a third bath, a secondary kitchenette setup, and two non-conforming bedrooms. Whether you build it out into an expansive four-bedroom, three-bath primary home or configure two distinct living levels for dual rental income, the footprint gives you plenty of room to play.
Out back, the separate 1055 S Colorado structure adds even more versatility. The ground level features a pumice-block garage ready for a workshop, storage, or parking, while the top floor houses a private one-bedroom, one-bathroom ADU that's primed to become a cash-flowing asset once dialed in. With two distinct buildings and multiple layout possibilities, this is the ultimate hands-on project to build serious equity. Schedule a private showing today.
Location
State MT
County Silver Bow
Area Butte And Surrounding Areas
Direction Located south of 2nd Street. Findable by GPS.
Interior
Heating Natural Gas
Cooling None
Fireplace No
Exterior
Utilities Available Sewer Available, Water Available
Water Access Desc Public
Building
Entry Level Other
Sewer Public Sewer
Water Public
Level or Stories Other
Others
Tax ID 0001026100
Acceptable Financing Cash, 3rd Party Financing
Listing Terms Cash, 3rd Party Financing
Special Listing Condition None
Listed by Platinum Real Estate
Schools and Properties Nearby