1644 Gold Rush Avenue

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1644 Gold Rush Avenue

Helena, MT 59601
Asking Price
$1.30M
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building located in Helena, Montana
  • Asset features a total of two individual units
  • Asking price for the property is 1,299,000 dollars
  • Positioned within the 59601 zip code service area
  • Stable regional economy anchored by state government operations

What's Special

Investors seeking to bolster their portfolios in the Helena market will find this multifamily asset a pragmatic addition. Located at 1644 Gold Rush Avenue in the 59601 zip code, this apartment building consists of two units. Helena serves as the state capital of Montana, providing a stable economic foundation driven by government employment, healthcare, and education sectors. The local rental market benefits from a steady demand fueled by the city's role as a regional administrative and cultural hub. Given the configuration, the property functions well as a long-term hold for those prioritizing residential income streams within a growing Rocky Mountain state environment. The asset provides a straightforward approach to property management in a city known for its historic downtown and active outdoor recreation access. Prospective buyers can leverage the current vacancy landscape in Helena to position this two-unit building effectively within the broader residential market.

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NOI
$80,000
Cap Rate
6.16%
DSCR
1.04
Tight
Cash-on-Cash
0.74%
Monthly Payment
$6,426.743
Annual Cash Flow
$2,879.081

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