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$580,000 / 6br - INVESTMENT PROPERTY MultiFamily Property 4 houses on 4.4 acres (Anaconda)
805 Chance Dr., Anaconda, MT 59711
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Rare opportunity to own a truly unique multifamily property in Anaconda, Montana! This legally non-conforming property sits on approximately 4.44 acres and features four individual homes, each with its own septic system, well, utilities, and outbuildings. The back portion of the property is fully fenced and includes a pasture with water, offering additional possibilities for livestock, recreation, gardening, or other uses. The property also includes six outbuildings, with one conveniently located near each of the four homes. The property consists of two 1-bedroom, 1-bath homes and two 2-bedroom, 1-bath homes. One of the 2-bedroom homes also features a large, unfinished full attic, offering the potential to create up to two additional bedrooms or living space.
There are no HOA fees or restrictive covenants, providing flexibility that is hard to find with a property of this size and configuration. Three of the four homes will be sold fully furnished, allowing a new owner the opportunity to continue renting them or potentially establish short-term/vacation rentals with minimal setup. The current tenants are on month-to-month leases, giving the new owner flexibility to continue the existing rental income or make changes to the occupancy as appropriate.
This property offers numerous income-producing possibilities, whether you're looking for a multifamily investment, long-term rentals, furnished rentals, vacation accommodations, or a property that can accommodate multiple family members while providing rental income.
Located in Anaconda, a historic Montana town surrounded by outdoor recreation, the property is conveniently located near Georgetown Lake and Discovery Ski Area, making it an appealing option for both investors and those looking for a Montana getaway. With four separate homes on one property, it could also be an excellent opportunity for multiple family members or friends to own their own space while sharing the land.
The property is being sold AS IS. The property is legally non-conforming and, due to its current configuration, buyers should be prepared to obtain financing through a conventional multifamily loan program. Proof of pre-approval or financing qualification for the purchase price will be required before scheduling a showing.
If you've been looking for a unique Montana investment property with multiple income-producing homes, acreage, privacy, and proximity to some of Southwest Montana's most popular recreational destinations, this is an opportunity worth seeing. The property is currently financed through Rocket Mortgage, and buyers are encouraged to contact the lender to discuss financing options and property eligibility.