Chat with us, powered by LiveChat
Skip Navigation Links

8 Chestnut

Anaconda, MT 59711

JUST LISTED
$175,000
Residential Listing

Summary

Unique Investment Opportunity in the Heart of Anaconda 3 Living Spaces on One Lot!Welcome to 8 Chestnut Street, a one-of-a-kind property with incredible potential! Nestled in a quiet corner of Anaconda, this versatile parcel features three distinct living spaces ideal for investors, multi-generational living, or a savvy homeowner looking to offset their mortgage with rental income.The main house offers a cozy and comfortable layout with 2 bedrooms and 1 full bath on the main floor. Natural light pours into the living area, and the spacious kitchen and dining nook create a welcoming space for everyday living. This portion is currently occupied and livable, ready for continued use or immediate occupancy.Below the main home is a separate 1-bedroom, 1-bathroom basement apartment with its own entrance, offering a great opportunity for future rental income or a private guest suite. While currently vacant and in need of repairs, the layout and potential are already in place making this a great value-add project for someone looking to build equity.At the back of the property sits a third dwelling, which was once a duplex and has since been converted into a 1 or 2-bedroom, 1-bath home. This structure is also vacant and in distressed condition, offering a blank canvas for your vision whether it be restoring it to a duplex, maintaining it as a single-family unit, or transforming it into a creative space or studio.All situated on a generous lot with alley access and ample off-street parking. The yard provides room for outdoor enjoyment, and with some cleanup and landscaping, it could easily become a charming retreat. Located just minutes from downtown Anaconda, you're near shops, restaurants, and the historic charm of this Montana town plus close to outdoor recreation, Discovery Ski Area, Georgetown Lake, and more!Live in one, rent the rest or restore all three and maximize returns! With rental demand strong and multi-unit opportunities limited, this is a rare chance to own a flexible, income-producing property in a growing market.Buyer to verify all square footage and zoning. Cash or rehab loan likely required due to condition of the vacant units.Dont miss the opportunity to bring this property back to life schedule your showing today and envision the possibilities at 8 Chestnut Street!

Details

  • Neighborhood
    None
  • Type
    Multi Family
  • Year Built
    1912
  • Levels
    Other
  • Heating
    Floor Furnace, Wall Furnace
  • Cooling
    None
  • Community
    Anaconda
  • Utilities
    Electricity Connected, Natural Gas Available, Sewer Available, Water Available
  • Days on Market
    3
  • Listing Courtesy of
    Venture West Realty
  • MLS #
    404317

Location

Loading...
Sign upPlease sign up for updates and property information.
    I am interested in the following locations
  • This site is protected by reCAPTCHA see our Privacy Policy

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.

Real estate website design, development and optimization by Organic Return