Description
A solid multifamily addition to any portfolio, located in a walkable Helena location near downtown. This fourplex includes three 1-bedroom/1-bath units plus a studio apartment, offering a tenant mix that draws steady demand from singles and young professionals seeking affordable, well-located housing. What sets this property apart is the lot itself significantly larger than typical for a fourplex in this area, giving an owner room to add parking, storage, outdoor tenant space, or explore future value-add potential. For investors thinking beyond day-one cash flow, that extra land is real optionality.This fourplex benefits from a location close to downtown Helena and the Mount Ascension trailhead a combination that consistently supports strong occupancy and tenant retention in this submarket.A straightforward, manageable unit mix combined with lot size upside makes 701 1st Street a compelling buy for an investor looking to grow their Helena multifamily holdings.
Details
| MLS # | 30071915 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1920 |
| Days On Site | 68 |
| Listing Provided By | RE/MAX Of Helena | Joseph M Mueller |
Features
| SQ Feet | 3,392 |
|---|---|
| Units | 4 |
| Acreage | 1.14 |
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 4998.64 |
|---|
Area Information
| State | MT |
|---|---|
| County | Lewis and Clark |
| City | Helena |
| Zip Code | 59601 |
| Listing VS Median (in 59601) | |
Price: $730,000 low | high Med: $449,900 sqft: 3,392 low | high Med: 1,298 $ / sqft: $215 low | high Med: $347 On site: 68 low | high Med: 74.5 | |
Request a showing
Request a showing
Contact
Learn More About This Property
| State | MT |
|---|---|
| County | Lewis and Clark |
| City | Helena |
| Zip Code | 59601 |
| Listing VS Median (in 59601) | |
Price: $730,000 low | high Med: $449,900 sqft: 3,392 low | high Med: 1,298 $ / sqft: $215 low | high Med: $347 On site: 68 low | high Med: 74.5 | |