10 Pike Street #10 & 12Havre, MT 59501
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%.
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyHill
- Taxes$2,749
- HOA/Condo/Coop Fees$0
- Days on Site35 Days
- MLS StatusActive
- MLS ID Number30028847
- Home Size Source Public Records
- Year Built1948
- Lot Size0.204 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Style Ranch
- Construction BrickMasonite
- Parking Alley Access
- Sewer Public Sewer
- Basement None
- Number of Stories One and One Half
- Acreage 0.204
- Water Public
- Security Carbon Monoxide Detector(s)Smoke Detector(s)
- Property Sub Type Duplex
- Garage Spaces 2
- Utilities Cable ConnectedElectricity ConnectedNatural Gas Connected
- Foundation See Remarks
- Listing Conditions Standard
Interior Features
- Cooling Central Air
- Heating Forced AirGas
- Appliances DishwasherRangeRefrigerator
- Laundry Features Washer HookupMain LevelIn Unit
- Fireplace No
Exterior Features
- Roof Composition
- Waterfront Property No
- Exterior Storage
- Road Frontage AlleyCity Street
Community Features
- Senior Community No
- Security Features Carbon Monoxide Detector(s)Smoke Detector(s)