PENDING-228 N Davis, Helena, MT

Multi-family for Sale - $675,000 - 4,088 Sq. Ft.


Agent Info

Tyler Warne
Coldwell Banker Commercial Green & Green

Property Info

CIMLS#1155137
Location
  PENDING-228 N Davis
  Helena MT 59601
UpdatedMarch 28th, 2024
TypeMulti-family
Price$675,000
Building4,088 Sq. Ft.

Property Description

This distinguished four-plex is nestled in the vibrant heart of Helena's South-Central district, a stone's throw from the bustling downtown area. This property, previously operated as a short-term rental, presents a lucrative investment opportunity or a charming home. There are two, one bedroom/one bathroom units on the upper level of the building with entrances on the east and west side of the building and two, two bedroom/one bathroom units on the main level with entrances to the north and east. The historical charm is intact and beautiful. Currently only one unit is leased-fully furnished and all utilities included at $2750 per month until the spring. The remaining units are being leased currently with rents of the one bedrooms between $1000 and $1100 and the additional two bedroom between $1300-$1400. There is a large, hedged yard and single car garage that makes a perfect shop. Owner occupants, this the perfect investment for you, make an offer before the units are leased!! Property Highlights: Location: Situated in the desirable South-Central district of Helena, residents are minutes away from the city's best dining, shopping, and entertainment options. The proximity to downtown Helena offers unparalleled access to cultural landmarks, parks, and business centers, making it an ideal rental location Design & Layout: This property consists of four distinct units, each boasting unique character and charm. The tasteful remodel makes these units both cozy and functional. There are both one and two bedroom units available. Amenities & Features: There is onsite laundry with 4 sets of hook-ups located in the basement. Current laundry set up can transfer with property. Outdoor Spaces: Residents will enjoy the close proximity to numerous hiking and biking trails. It also offers easy walkability to the downtown area. Investment Potential: With its previous success as a short-term rental, Helena Accommodations offers an attractive investment opportunity. The property's versatility allows for continued operation as a profitable short-term rental business or a transition to long-term leases, catering to Helena's growing demand for residential accommodations. Community and Accessibility: The South-Central district is renowned for its community atmosphere and easy access to Helena's amenities. This property represents a rare blend of location, comfort, and potential. Whether you're seeking a smart investment or a multifamily residence in the heart of Helena, this four-plex promises a blend of lifestyle and opportunity in one of the city's most sought-after neighborhoods.


Financials