Affordable Investment Opportunity in Rapelje, MT - Six Township Lots with Income Potential Nestled in the peaceful town of Rapelje, MT, this unique property spans six township lots and offers a rare blend of affordability, history, and potential. Located withing driving distance of the thriving Sibanye-Stillwater Mining operation, this property presents an ideal opportunity for those seeking affordable housing or an investment property with rental income potential. The centerpiece of this offering is a well-maintained 3-bedroom, 2-bathroom mobile home, built in 1979. The home features a cozy gas fireplace, perfect for those chilly Montana evenings, a walk-in closet in the master for ample storage, and a recently installed hot water heater. With city water and a reliable septic system installed just 2 years ago, this property is ready for immediate occupancy. However, the true potential lies in the lots surrounding the existing home. The six township lots provide ample space for additional units, making this an ideal site for a multi-unit rental property. Whether you're looking to house workers from the nearby mining operation, school, ranches, or create a small community of affordable homes, the possibilities are there. Adding to the property's unique charm and historical significance, you'll find the remnants of Rapelje's old bank vault, a resilient survivor of the fire that consumed the town's bank. This unique feature adds a touch of history to the property, making it truly one-of-a-kind. Don’t miss out on this exceptional opportunity to own a piece of Rapelje’s history while maximizing the potential of these versatile township lots. Whether you're an investor, a first-time home-buyer, or someone looking for affordable housing close to your employer, this property has the flexibility you need and want to make it work. Act now to secure this incredible investment opportunity in the heart of Montana- truly the Last Best Place!
Mls | 394912 |
---|---|
Listing Type | For Sale |
Style | Man |
Subtype | Resale |
Status | Active |
Year | 1979 |
Days On Site | 101 |
Listing Provided By | United Country Real Estate / Yellowstone Real Esta | James Duncan |
Beds | 3 |
---|---|
Sq Feet | 1,064 |
Zoning | NONE - None/Unknown |
Acreage | 0.48 |
State | MT |
---|---|
County | Stillwater |
City | Rapelje |
Zip Code | 59067 |
Area | Other Counties | State |
Subarea | 12M Other Montana Counties |
Community Name | Other |
Listing VS Median (in Other) | |
Price: $185,000 low | high Med: $530,000 SqFt: 1,064 low | high Med: 3,264 $ / SqFt: $174 low | high Med: $162 On Site: 101 low | high Med: 289.000000 |