For Lease
$2,832.24/SF/YR

1515/1516 Railroad/Gallatin Ave Helena, MT 59601

Two homes, one lot, great rental history.

Overview

Added:
Dec 11, 2024
Days on market:
138
This unique Helena, Montana property presents a compelling investment opportunity or comfortable living arrangement. Located in the desirable 6th Ward, this special-purpose property consists of two separate homes situated on a single 5,576 square foot lot. Each home boasts two bedrooms and one bathroom, with each unit exceeding 600 square feet of living space. The property features separated yards, providing privacy for each residence. Significant improvements include a new roof on the Railroad Avenue home installed in 2019 and a new roof on the Gallatin Avenue home installed in 2016. Adding to the property's appeal is a one-car garage and a separate storage unit. One home will be vacant at the end of the month, presenting immediate rental potential. The property's APN is 05188829235130000. The zoning is available upon request. This is a rare chance to acquire a property with proven rental income and the potential for significant returns. The combined square footage of both homes is 1,377 square feet. This property is a single-tenant occupancy, currently operating as a duplex.

Highlights

  • Helena, MT duplex on a 5,576 sq ft lot in the desirable 6th Ward.
  • Two 2 bed/1 bath units, each over 600 sq ft, totaling 1,377 sq ft.
  • Separate yards for increased privacy.
  • New roofs (2016 & 2019).
  • One-car garage and separate storage unit.
  • One unit vacant at month's end, offering immediate rental income potential.

Property Details for 1515/1516 Railroad/Gallatin Ave

Property type
Specialty properties
RSF (Rentable sq. ft)
1,377 SF

Unit(s) available at that property

Space
Size
1,377 SF
Rate per SF
$2,832.24

Location Insight

City
Helena
County
Lewis And Clark
State
Montana
Latitude
46.5996349
Longitude
-112.0140249

FAQs

What type of property is this?
Specialty property - Two homes, one lot, great rental history.
Where is the specialty property located?
The property is located at 1515/1516 Railroad/Gallatin Ave Helena, MT.
What is the lease rate?
The lease rate is $2,832.24/SF/YR.
What are key features of this property?
This property features: Helena, MT duplex on a 5,576 sq ft lot in the desirable 6th Ward.; Two 2 bed/1 bath units, each over 600 sq ft, totaling 1,377 sq ft.; Separate yards for increased privacy.
How can I contact the broker?
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1515/1516 Railroad/Gallatin Ave
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