Off-Market Property at 1901-1905 N Oakes St, Helena, MT, 59601

1901-1905 N Oakes St, Helena, MT, 59601

$279,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $119 per day, based on similar listings in the area. Estimated short-term cap rate of 1.8%. Great investment opportunity!! Zoned R3 Multi-Family. Property includes 2 fully remodeled manufactured homes and vacant land to build another investment property. The 3 bedroom 1 bath unit has a newer metal roof, freshly painted interior/exterior, new kitchen countertops, new appliances including a gorgeous retro kitchen fridge, new luxury vinyl plank flooring, new fixtures, new interior doors, new hardware and lighting throughout, new beadboard accents, a complete bathroom remodel with a new shower surround, new vanity top, new luxury vinyl plank flooring, and new fixtures. The 2 bedroom 1 bath unit has a newer metal roof, a freshly painted interior, new luxury vinyl plank flooring, new interior doors, new fixtures and lighting throughout, and updated kitchen. Both units have double paned storm windows, are drywalled, and on permanent foundations. EXCELLENT CAP RATE. Please contact Roberta Hurni at 406-202-2129, or your real estate professional. Both units are rented with excellent long term rental history. There was preliminary approval for a triplex on the back lot.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$1581
Bedrooms
2
Bathrooms
1
SQFT
8,233
Furnished
unknown
Year built
1959
Listing Status
Off Market
MLS
30016765

Short-term Rental Potential
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$24,540

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$33

Price/SQFT