Montana CommunitiesProperties211 & 213 Main Street

211 & 213 Main Street$427,500

East Helena, MT

0.17 ACRE

$427,500

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Property Details

BIG PICTURE

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0.17

ACRE

Description

This East Helena duplex is turnkey and ready to cash flow. One side is a 2 bed, 1 bath; the other is a 3 bed, 1 bath—both fully renovated in 2022 with updated plumbing (including the main line), new flooring, paint, insulation, light fixtures, roof, and more. Each unit has its own entrance, parking, exterior storage, and a shared yard with underground sprinklers. Located right in the heart of East Helena, this property is close to parks, schools, and just a short drive to Helena proper and Canyon Ferry Lake. Recent upgrades by the current owner include new electric baseboard heat, gutters, and a new washer/dryer in Unit 2. As it stands, the property pencils out with a ~6.4% cap rate using today’s rents and expenses. Local managers suggest there’s still room to push rents higher, adding even more upside. Whether you’re investing or planning to live in one side and rent the other, this one checks a lot of boxes. Full financials available upon request!

PRICE

$427,500

FEATURES

    • MLS #: 402948
    • Lot: 7,405.20 sqft
    • Multi-Family
    • Built in 1918
    • Cooling: Ceiling Fans
    • Heating: Baseboard, Electric

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Listed By: Kaiden Batzler, Coldwell Banker Distinctive Pr