616 Madison ST Hamilton, MT 59840
3,016 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,016 sqft
Price per Sqft $251
MLS Listing ID 30073290
HOA Y/N No
Year Built 1966
Annual Tax Amount $3,998
Tax Year 2025
Lot Size 8,407 Sqft
Acres 0.193
Property Sub-Type Quadruplex
Property Description
Situated on two city lots, this property stands out as a rare investment opportunity. The generous land footprint provides flexibility for future enhancements or long-term appreciation. With strong current cash flow and room for future value creation, this is an ideal opportunity for investors seeking portfolio growth, a 1031 exchange property, or a well-positioned asset in the heart of Hamilton.
Ideally situated within walking distance of downtown Hamilton's shops, restaurants, parks, and the popular seasonal farmers market, tenants enjoy convenient access to everything the community has to offer. Opportunities like this—with stable income, prime location, private in-unit laundry, and development potential—are increasingly hard to find.
Location
State MT
County Ravalli
Interior
Interior Features InteriorFeatures
Fireplace No
Appliance Range, Refrigerator
Laundry Washer Hookup, In Bathroom
Exterior
Carport Spaces 4
Utilities Available Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Separate Meters
Water Access Desc Public
Garage No
Building
Foundation Other
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 13146725423080000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard