1611 Cedar Street$749,000
Helena, MT
3678.00 SF, 0.23 ACRE
$749,000
Property Details
BIG PICTURE
Commercial
3678.00
FT2
0.23
ACRE
Description
Excellent investment opportunity in Helena with a proven track record of stable occupancy. This well-maintained commercial property features four rental units generating strong monthly income, with tenants who would prefer to remain in place. The property has maintained full occupancy for the past six years and offers a convenient location just two blocks from the interstate with a large parking lot providing easy access and ample parking for tenants and customers. Numerous recent capital improvements make this a true turnkey investment, including commercial-grade laminate flooring throughout all units, fresh interior paint completed within the last three years, exterior painted in 2022, updated electrical service with three 240-volt services completed within the past two years, new 95% high-efficiency furnaces with central air conditioning installed in 2023 and 2024, solar panels added in 2024, a new water heater in 2023, and new toilets in all units over the past three years. The roof was replaced in approximately 2016 and remains in good condition. With consistent rental history, quality updates, and a desirable Helena location, this is an outstanding opportunity for investors seeking reliable cash flow and long-term value.PRICE
$749,000
FEATURES
- MLS #: 30074360
- Lot: 10,019.00 sqft
- Commercial
- Built in 1951
- Cooling: Central Air
- Heating: Forced Air, Gas
- Price/sqft: $203.64
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