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Helena,MT 59601
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 4,978 sqft
Price per Sqft $139
Subdivision Syndicate Addn
MLS Listing ID 30031868
Style Victorian
HOA Y/N No
Year Built 1890
Annual Tax Amount $6,930
Tax Year 2023
Lot Size 0.251 Acres
Acres 0.251
Property Description
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.
Location
State MT
County Lewis And Clark
Zoning R-2
Rooms
Basement Finished
Interior
Heating Baseboard,Electric
Fireplace No
Exterior
Garage Additional Parking
Garage Spaces 2.0
Waterfront No
View Y/N Yes
View City,Mountain(s)
Roof Type Asphalt
Parking Type Additional Parking
Building
Entry Level Two
Foundation Stone
Sewer Public Sewer
Architectural Style Victorian
Level or Stories Two
New Construction No
Schools
School District District No. 1
Others
Senior Community No
Tax ID 05188723413070000
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Special Listing Condition Standard