7 Unit Property in Helena! This multi-family Victorian style property offers a solid investment opportunity. This well-maintained building blends historical charm with modern amenities, making it a unique option in the market for residents and a lucrative venture for investors. Property Highlights include a unit mix that attracts varying types of tenants, making the property more stable. Retaining its original Victorian architecture, the property exudes timeless elegance. Laundry on site and in a popular location. Cap Rate: With a cap rate of approximately 7.75%, this property promises a strong return on investment. The steady rental income, combined with its desirable location and unit mix, ensures consistent occupancy and profitability. Its blend of historic charm, modern amenities, and strong financial performance make it a rare find in the market. Don’t miss the chance to own a piece of Helena’s history while enjoying robust returns.
This versatile Duplex property offers multiple streams of income, with its variety of living spaces. Unit 1 of the duplex is a 2 bedrooms and 1 bath, with vinyl flooring, large layout, and has gas forced heat. The upper unit of the duplex is a 1bedroom and 1 bathroom, with vinyl flooring through out most of the home, with a carpeted living room, and has electric heat. There is also an unattached, large, 4 car garage with a new roof that is perfect for storage or additional rental potential. Laundry hookups for the duplex are in the 17'x24' basement area. Water softener is tenant owned. The property also includes a standalone, 2002 Marlette Mobile home (16x66) that is on concrete footings. Its a 2 bedroom/2bathroom, that features vinyl flooring throughout most of the living area. Finally there is also additional mobile home lot rent, with an established tenant, who is paying monthly lot rent.
Don't miss out on this solid investment property. This triplex has a strong rental income history, as well as very low vacancy. Each unit has its own private entrance for ensured privacy, as well as their own dedicated finished garage space for convenient parking. The garage also has an additional 4th space that is currently not being used, that could be rented out as storage, for additional income. Finally each unit also has their own individual washer and dryer hookups in the basement, which also has its own private entrance as well. Each unit pays their own utilities. This triplex has so many attributes, including additional parking on the side of the garage, and in front of the triplex.
Charming 2-Bedroom Home Across from Carroll College. Location, convenience, and comfort combine in this beautiful 2-bedroom, 1-bath home. Ideal for students, faculty, or anyone looking for a prime location with modern updates. • New Heating System & Hot Water On Demand: Enjoy radiant floor heat for cozy winters.• Updated Kitchen- 2024 includes a new dishwasher, 2019 gas cooking stove, and kitchen floors in 2016• June of 2024 Five new windows installed with an additional window upstairs added in Winter 2024. • Finished Basement: Offers extra living space, perfect for a home office, family room, and has a 3rd bedroom (however nonconforming)• A new porch entry was completed in Fall 2023, adding functionality. Whether you’re enjoying the convenience of being close to campus and/or downtown you’ll appreciate the updates, and this well maintained home. This property is move-in ready. Don’t miss this fantastic opportunity. Call Laurie Evans at 406-781-0504 or your trusted Realtor.
Montana Regional MLS / Coldwell Banker Mountainside Realty / Laurie Evans