Multi Family Home
404 S Arlee Street
Hot Springs, MT 59845
$599,000
ActiveMLS® 30076355
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.
Interior
- Appliances Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
- Laundry Washer Hookup, Electric Dryer Hookup, Inside, Laundry Room
- General Vaulted Ceiling(s), Walk-In Closet(s)
- Basement Crawl Space
- A/C Window Unit(s)
- Heating Baseboard, Electric, Wall Furnace
Exterior and Construction
- Construction materials Wood Siding, Wood Frame
- Exterior Fire Pit
- Roofing Metal
- Construction Wood Siding, Wood Frame, One and One Half, One, Two, Poured
Utilities
- Sewer Public Sewer
- Utilities Electricity Connected, High Speed Internet Available, Phone Available
- Water Public
Land and Lot
- Lot size 0.326 acres (14,200 sq ft)
- Topography Level
- View Mountain(s), Trees/Woods, View
- Lot description Wooded, Level
Location and Zoning
- Road/Access City Street
- County Sanders
- Zoning PINEVILLE 2ND ADD-HOT SPRINGS, S04, T21 N, R24 W, BLOCK 36, Lot 3 - 4, 35309604408050000
Schools
- School District District No. 14-J
Tax and Legal
- Annual tax $2,504.79
- Tax year 2025
- Parcel number 35309604408050000
- Legal description PINEVILLE 2ND ADD-HOT SPRINGS, S04, T21 N, R24 W, BLOCK 36, Lot 3 - 4
Listing Information
- Listing Agent
- Kara Chapman
- Listing Office
- Performance Real Estate, Inc.
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