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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.
Property Type(s):
Multi Family
| Year Built | 1997 | County | Sanders |
|---|
Additional Details
| AIR | Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer |
| BASEMENT | Concrete, Crawl Space, Yes |
| CONSTRUCTION | Wood Siding |
| EXTERIOR | Fire Pit |
| HEAT | Baseboard, Electric, Wall Furnace |
| INTERIOR | High Speed Internet, Vaulted Ceiling(s), Walk-In Closet(s) |
| LOT | 0.326 acre(s) |
| LOT DESCRIPTION | Level, Wooded |
| LOT DIMENSIONS | 14201 Square Feet |
| SEWER | Public Sewer |
| STORIES | One and One Half, One, Two |
| TAXES | 2504.79 |
| UTILITIES | Electricity Connected, Phone Available |
| VIEW | Yes |
| VIEW DESCRIPTION | Mountain(s), Trees/Woods |
| WATER | Public |
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Listing provided by: Kara Chapman, Performance Real Estate, Inc. | 404 S Arlee Street
IDX information provided courtesy of the Montana Regional MLS, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
This IDX solution is (c) Diverse Solutions 2026.
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