Off-Market Condo: 17 at 1616 Cannon St, Helena, MT, 59601
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1616 Cannon St, Helena, MT, 59601

- #17

$207,900

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented long-term for an average of $1,462 per month, based on comparable local listings. Estimated long-term cap rate of -0.1%. Here's the perfect opportunity to own your own home or invest in the growing Helena rental market! This adorable condo has one bathroom and two spacious bedrooms, easily accommodating a couple or small family. The living room includes a walkout balcony, perfect for starting your own mini-garden and enjoying the breathtaking views of the Sleeping Giant. The grounds are maintained for you as part of your HOA dues, which includes snow removal AND heating for your unit. Each unit has one covered parking space and plenty of auxiliary parking in the two lots adjacent to the complex. For those who prefer living in town, you can't beat this location. You're just 5 minutes away from downtown Helena and Carrol College, and only 10 minutes away from the best hiking for miles, including Mount Helena and Mount Ascension. Please call or text Lynnette Avery at (406) 439-7215 or your real estate professional for a showing. #hikehelena#shopdowntownhelena#golfHelena#carrolcollege”

Property Information
Monthly Rent
$1,462
Monthly HOA
$200
Rental Policy
STR Restrictions
Yearly Taxes
$2082
Bedrooms
2
Bathrooms
1
SQFT
940
Furnished
unknown
Year built
1974
Listing Status
Off Market
MLS
30020144

Long-term Rental Potential
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$17,544

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$1,462/mo

Rent