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.
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.
This county property offers income potential, with a downstairs apartment. You can live upstairs and help pay the rent with the basement. The upstairs is a 2 bedroom 1 bath with a beautiful fireplace. The fireplace is not only a beautiful centerpiece but is also highly functional, with a fan to efficiently circulate heat. Washer and dryer included. The down stairs apartment features a large living room, 2 bedroom, 1 bath, and newly installed oversized Pella slider that leads out to a cozy patio with a rock garden. In additional the basement apartment living room, bathroom, and one of the bedrooms also has radiant heated floors to keep you cozy in the winter. $4000 in tile to be left for basement floor to be redone. Piano to stay. Stackable gas washer and dryer in basement. Carpets to be professionally cleaned. Spacious 2 car garage, with attached finished studio.This could be easily be converted into an additional apartment due close proximity. Assumable loan at 2.75% interest rate.
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.
Discover this bright and cheery 2-bedroom, 1 bath mobile home in the heart of Helena. Perfect for comfortable living, the home offers an open layout, ample natural light and washer/dryer hookups for added convenience. Lot rent is $550/month (with a 3% annual increase) Water, sewer and garage included in lot rent. Don't miss this opportunity for affordable living in a central location, with a large fenced yard.