DECO REALTY
201 North Division Active Save Request In-Person Tour Request Virtual Tour
Reed Point,MT 59069
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,100 sqft
Price per Sqft $66
Subdivision Campbell First Addition
MLS Listing ID 352000
Style Other
Construction Status Resale
HOA Y/N No
Abv Grd Liv Area 7,100
Year Built 1909
Annual Tax Amount $1,736
Lot Size 8,015 Sqft
Acres 0.184
Property Sub-Type Multi Family
Property Description
The historic hotel Montana built in 1909 has been a longtime focal point in Reed Point, located on the Yellowstone trail and home of the Great Montana Sheep Drive. The two story brick building began as Walker's Store, a mercantile business and in 1997 it was converted into the Hotel Montana. Upgrades include new metal roof, remodeled bathrooms in main lobby and all 5 bedrooms plus a newly renovated 3 bed/1 bath upstairs apt. Other amenities include hot water heat, 10 solar panels, some electric and plumbing upgrades. All 5 rooms plus the apt. rented for monthly income. A great investment property with so much potential to finish as a restaurant, turn back into a hotel, Airbnb-Wedding Venue or your own private residence. 5 minutes from the Yellowstone River providing fishing, picnicking or rafting. Yellowstone National Park is 1 1/2 hours away through the entrance at Gardiner, Montana. Also listed as MLS 351987.
Location
State MT
County Stillwater
Area (12) Columbus;Absarokee;Nye;Big Timber;Reed Point
Zoning UNZON
Interior
Heating Electric,Hot Water
Cooling None
Fireplace No
Exterior
Parking Features Additional Parking
Water Access Desc Well
Roof Type Metal
Building
Lot Description Corner Lot
Entry Level Two
Sewer Public Sewer
Water Well
Architectural Style Other
Level or Stories Two
Construction Status Resale
Schools
Elementary Schools Reed Point
Middle Schools Reed Point
High Schools Reed Point
Others
Tax ID 0000040019
Acceptable Financing Cash,New Loan
Listing Terms Cash,New Loan
Virtual Tour https://www.propertypanorama.com/instaview/bmt/352000