MLS # 30028847
10 Pike Street, Havre, MT 59501

MLS 30028847 $300,000

Prime Investment Opportunity: Seize this exceptional investment with a well maintained duplex, featuring a 4-bed, 1.75-bath unit and a 3-bed, 2-bath unit. Both units offer the convenience of a garage stall and off-street parking. With a strong rental history, this property currently generates a gross monthly income of $2,475. Investment Highlights: •High Demand Units:Spacious layouts with modern amenities appeal to a wide range of tenants. •Tenant-Paid Utilities:Tenants pay water, sewer, gas, & electric, maximizing your net income. •Owner Services:garbage, snow removal, and lawn care. Financials: •Annual Gross Income:$29,700 •Net Operating Income (NOI):$22,100 •CAP Rate:7.37% •Cash on Cash Return:5.52% (30-year mort, 25% down, 7% int rate) This duplex is a prime opportunity for investors seeking reliable returns and long-term value. Text/Call John Carlson at 406-390-1381, or your real estate professional today to schedule a viewing & secure this great investment. cap rate for this property is calculated with $3,000 annual taxes, $3,000 annual insurance, and $1600 annual lawn/snow removal expense Cash on Cash Return calculated with a 30-year mortgage, 25% down payment, and 7% interest rate is approximately 5.52%.

Contact

Canyon Properties LLC
Cascade, Montana 59421
(406)-235-4081

Architecture

Architectural Style: Ranch
Basement: None
Building Area Source: Public Records
Building Area Total: 2394
Construction Materials: Brick, Masonite, Wood Frame
Cooling: Central Air
Exterior Features: Storage
Foundation Details: See Remarks
Garage Spaces: 2
Heating: Forced Air, Gas
Levels: Oneand One Half
Parking Features: Alley Access
Roof: Composition
Structure Type: Duplex
Year Built: 1948
Year Built Source: Public Records

Features / Amenities

Appliances: Dishwasher, Range, Refrigerator
Security Features: Carbon Monoxide Detectors, Smoke Detectors

Property Features

Laundry Features: Washer Hookup, Main Level, In Unit
Lot Size Acres: 0.204
Lot Size Source: Public Records
Lot Size Square Feet: 8886
Number Of Units Total: 2
Road Frontage Type: Alley, City Street

Utilities

Sewer: Public Sewer
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Separate Meters
Water Source: Public

Location

Directions: address

Homeowner Association

Pets Allowed: Cats OK, Dogs OK

Legal and Taxes

Parcel Number: 12444108311090000
Tax Annual Amount: 2749.3
Tax Legal Description: SUNSET HILLS FIRST ADD, S08, T32 N, R16 E, Lot 001, LT 1 AND N 21 FT OF LT 2
Tax Year: 2023

Occupant Owner

Occupant Type: Tenant

Realtor

Property Sub Type: Duplex
Property Type: Residential Income

© 2024 Montana Regional MLS. Information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed and should be independently verified. Listed By: John Carlson, Bullhook Real Estate LLC, Box 735, Havre, MT, 59501


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