901/907 6Th Ave Helena, MT 59601
This exceptional mixed-use property in Helena, Montana, presents a unique investment opportunity. Located at 901/907 E 6th Avenue, this 6-unit complex boasts a prime location within walking distance of downtown Helena and the Capital Complex. The property comprises two distinct buildings on an 8,494 sq ft lot. The first building, originally constructed in 1980 as an office, has been converted into a two-bedroom, two-bathroom home. Features include a main-level bedroom and bathroom, a non-conforming basement bedroom and half-bath, washer/dryer hookups, and a spacious basement with potential for expansion. Recent updates include new carpet and fresh paint. The home is heated by a gas boiler and has an electric hot water heater. The second building, a former market dating back to 1927, has been transformed into a charming apartment complex. The main level features two apartments: a two-bedroom, one-bathroom unit with its own washer/dryer hookups, and a one-bedroom, one-bathroom unit with access to shared laundry facilities in the basement. Both main-level units have individual gas boilers and hot water heaters. Upstairs, three studio apartments each have their own gas heater and hot water heater. The unfinished basement provides ample storage. All units are individually metered for gas and electricity. This property offers a blend of historic charm and modern updates, making it an ideal investment for both homeowners and investors seeking a rare find in a desirable Helena neighborhood. The asking price is $1,050,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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