Income producing property with 530' of highway frontage on MT Highway 287 in Sheridan Montana. The property consists of 3 residential dwellings, a 40' x 60' shop, 30'x 40' 4 stall horse barn, dog kennels, and greenhouse. The property consists of 2 parcels each 1.92 acres. Unit 1 is a double wide manufactured home built in 2010, it is 1120 sf and has 3 bedrooms and 2 baths. Unit 2 is a 1 bedroom 1 bath 864 sf apartment attached to the shop. Unit 3 is an 8'x 12' cabin. On the property, there is also a 4 stall horse barn with corals and 3 heated water stations. A seasonal irrigation ditch crosses the property for stock water. There is an additional 8-acre parcel with 50" of water adjoining to the west that can be purchased. MLS #324468 purchase these properties together for the best value. Income potential or $48,000 a year if shop and barn were leased out at $600 for barn, $1100 for shop, $500 cabin, $700 apartment, & $1100 a month.
| MLS# | 324514 |
|---|---|
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1998 |
| Days On Site | 43 |
| Story(s) | 1 |
|---|---|
| Acreage | 3.84 |
Area Information | |
|---|---|
| State | MT |
| County | Madison |
| City | Sheridan |
| Zip Code | 59749 |
| Area | Madison/Beaverhead/Jefferson |
| Subarea | 7MR - Madison - Ruby Valley |
| Community Name | Other |
| Listing VS Median (in Other) | |
Price: $389,000 low | high Med: $385,000 51.028277634961% of Average On Site: 43 low | high Med: 8 100% of Average | |
MLS Number: 324514
