Exceptional investment opportunity at the right price—this well-maintained 6-plex offers steady income, recent updates, and room for future value growth. Each unit is a one-bedroom, one-bath layout, providing consistent demand and easy tenant placement. Water, sewer, and trash are included in the monthly rent, with tenants responsible for their own power, simplifying management and reducing owner expenses. Every apartment features its own quaint front porch, adding charm and private outdoor space that tenants appreciate. The property includes a large parking lot with ample room for at least one dedicated space per unit, plus additional guest parking. Mature trees provide shade and enhance curb appeal. The building has benefited from recent improvements, including updated plumbing and electrical, fresh paint, and interior updates in multiple units. These upgrades support long-term durability and reduce near-term capital expenditures. Financials are available with a signed non-disclosure agreement. Whether you’re expanding your portfolio or entering the rental market, this 6-plex delivers reliable returns and a solid foundation for future growth.
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.
Hot Springs is located in Montana. Hot Springs, Montana has a population of 618. Hot Springs is less family-centric than the surrounding county with 12.3% of the households containing married families with children. The county average for households married with children is 22.67%.
The median household income in Hot Springs, Montana is $19,659. The median household income for the surrounding county is $46,848 compared to the national median of $69,021. The median age of people living in Hot Springs is 52 years.
The average high temperature in July is 83.8 degrees, with an average low temperature in January of 20.7 degrees. The average rainfall is approximately 16 inches per year, with 39.3 inches of snow per year.
