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. MUST HAVE APPOINTMENTS TO SHOW! Pre approval letter will be required prior to showing the property. Please do not disturb tenants!
Property is a good performer and has a long history of being occupied. The property has had many of the projects completed that a new buyer would consider, but still a few to keep you busy.
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.
Lot for sale at a great price!! You must see this lot in person to fully appreciate. The potential for developing this lot into a single or multi family home. It even offer alley access for a garage out back. Please call Laurie Evans at 406-781-0504 or your real estate professional to schedule a showing today.