$285,000
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10 Pike Street Unit 10 & 12 Havre, MT 59501
Duplex
Residence
Beds
Baths
2,394
Sq. Ft.
0.2
Acre
Lot
Property Activity
Time on Site
days
Days on Market
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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 gro...ss 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%.
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MLS#
30028847
Property Type
Duplex
Year Built
1948
Square Feet
2,394
sq. ft
Lot Size
0.2
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