615-617 3rd St, Havre, MT 59501

Looking to add an income-producing property to your portfolio? This well-maintained duplex offers a great combination of recent improvements, established rental income, and room for future expansion! Currently generating $1,850 per month ($22,200 annually) in gross rental income, this property presents an attractive opportunity for investors. Since purchasing the property, the current owner has made substantial improvements, including updated electrical and plumbing systems, along with new roofing, siding, and windows within the past five years. Unit 617 has undergone an extensive interior renovation, featuring luxury vinyl plank flooring, an updated kitchen with quartz countertops and new cabinetry, and all-new appliances, including a dishwasher, washer, and dryer. A gas fireplace a warmth and character to the living space. A new concrete driveway was also poured on the east side of this unit just a couple of years ago. Both units feature boiler heating with radiant baseboard heat and newer gas stoves. As an added bonus, the adjacent vacant lot at 619 3rd St is included in the sale! This lot is equipped with utilities and offers the potential for additional residential construction, giving the next owner an opportunity to expand their investment and generate additional rental income, subject to applicable building and zoning requirements. With Unit 615 currently renting for $750 per month and Unit 617 bringing in $1,100 per month, this property offers immediate rental income, significant capital improvements, and future development potential. Whether you're an experienced investor looking to expand your portfolio or just getting started in real estate investing, this is an opportunity worth exploring!