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    Specialty properties

    1515/1516 Railroad/Gallatin Ave, Helena, MT 59601

    Property ID
    Property summary
    AI-generated overview

    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 profile
    Verified
    Property type Specialty properties
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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