$125,000
bedrooms
3
bathrooms
2
square feet
1,064
Acreage
0.482
Open Houses
-
year built
1979
Full Baths
2
Half Baths
0
Affordable Investment Opportunity in Rapelje, MT - Six Township Lots with Income Potential
Nestled 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.
Don’t miss out on this exceptional opportunity to own a piece of Rapelje’s 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!
Location | |
Subdivision | - |
County | Stillwater |
Elementary School | - |
Middle School | - |
High School | - |
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: 394912
Listing agent:
James Duncan
Listing broker:
Yellowstone Real Estate Group
(406) 224-3783
Copyright © 2025 Big Sky Country MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Tuesday, April 22 2025 at 3:39 p.m. EDT
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