Description
High-Yield, Multi-Stream Income Property in Helena's Desirable South Central Neighborhood! Step into a legacy preserved for generations. Built in 1895 and lovingly held within the same family for 120 years, 224 12th Ave offers an extraordinary opportunity for investors or multi-generational buyers looking to own a true piece of Helena's historic fabric. Situated in the highly desirable South Central neighborhood, this property spans over 4500 square feet of finished living space, full of character, and versatility. The residential layout features 5 bedrooms and 3 bathrooms fully optimized into three high-demand units. Adding value is the detached carriage house featuring 6 revenue-generating garage bays-a premium commodity in downtown Helena. All bays are currently leased, offering immediate upside potential.Boasting a near-zero vacancy corridor, tenants enjoy walkability to downtown dining, breweries, shopping, and major employment hubs. And since it is close to area schools (Central Elementary, Helena Middle, and Helena High School), this property ensures long-term tenant stability and swift leasing cycles. Whether investing or having the building pay your mortgage, this generationally preserved property is a solid investment opportunity.
Details
| MLS # | 30080583 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1895 |
| Days On Site | 8 |
| Listing Provided By | Big Sky Brokers, LLC | Marcia Ellermeyer |
Features
| SQ Feet | 4,764 |
|---|---|
| Garage | 7 |
| Basement | Y |
| Story(s) | 1 |
| Units | 3 |
| Acreage | 0.33 |
Parking
| Garage Yes / No | Yes |
|---|
Taxes
| Tax Annual Amount | 5508.42 |
|---|
Area Information
| State | MT |
|---|---|
| County | Lewis and Clark |
| City | Helena |
| Zip Code | 59601 |
| Listing VS Median (in 59601) | |
Price: $750,000 low | high Med: $494,900 sqft: 4,764 low | high Med: 2,052 $ / sqft: $157 low | high Med: $241 On site: 8 low | high Med: 88 | |
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Learn More About This Property
| State | MT |
|---|---|
| County | Lewis and Clark |
| City | Helena |
| Zip Code | 59601 |
| Listing VS Median (in 59601) | |
Price: $750,000 low | high Med: $494,900 sqft: 4,764 low | high Med: 2,052 $ / sqft: $157 low | high Med: $241 On site: 8 low | high Med: 88 | |