1515/1516 Railroad/Gallatin Ave Helena, MT 59601

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Specialty properties

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This unique Helena, Montana property presents a compelling investment opportunity or comfortable living arrangement. Located in the desirable 6th Ward, this special-purpose property consists of two separate homes situated on a single 5,576 square foot lot. Each home boasts two bedrooms and one bathroom, with each unit exceeding 600 square feet of living space. The property features separated yards, providing privacy for each residence. Significant improvements include a new roof on the Railroad Avenue home installed in 2019 and a new roof on the Gallatin Avenue home installed in 2016. Adding to the property's appeal is a one-car garage and a separate storage unit. One home will be vacant at the end of the month, presenting immediate rental potential. The property's APN is 05188829235130000. The zoning is available upon request. This is a rare chance to acquire a property with proven rental income and the potential for significant returns. The combined square footage of both homes is 1,377 square feet. This property is a single-tenant occupancy, currently operating as a duplex.

Property type Specialty properties

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Cap rate vs submarket · NOI estimate · 3 price anchors

1515/1516 Railroad/Gallatin Ave Helena, MT 59601

Helena metro

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Comparables

6 recent transactions · within 1.5 mi

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Specialty Property Unit

For sale specialty property unit identified as Unit B3 at 1100 Waukesha.

1100 Waukesha, Unit B3, Helena, MT 59601

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