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513 Main Street

Rapelje, 59067

$185,000
Land Listing
3 Bedsbed
2 Bathsbath

Summary

Affordable Investment Opportunity in Rapelje, MT - Six Township Lots with Income PotentialNestled 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.Dont miss out on this exceptional opportunity to own a piece of Rapeljes 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!

Details

  • Neighborhood
    Other
  • Subtype
    Manufactured On Land
  • Lot Size
    0.48 AC
  • Utilities
    Electricity Available, Propane, Septic Available, Water Available
  • Waterfront
    None
  • Road Access
    Paved
  • Topography
    Level
  • Days on Market
    84
  • Listing Courtesy of
    United Country Real Estate / Yellowstone Real Esta
  • MLS #
    394912

Location

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ERA® and the ERA Logo are registered service marks owned by ERA Franchise Systems LLC. Robyn L. Erlenbush Real Estate, P.C. fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to ERA Franchise Systems LLC nor any of its affiliated companies. © 2019 Robyn L. Erlenbush Real Estate, P.C. All rights reserved.

All property data and market statistics are pulled from Big Sky Country MLS.

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