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How can Fannie Mae help a home buyer?

Fannie Mae's Community Home Buyers Program allows first-time buyers with little cash to obtain 95 percent financing. Participants may put down as little as 3 percent of their own money, with the remainder permitted in the form of a gift from family members, a government program or nonprofit agency. Mortgage insurance is required on all loans above 80 percent loan-to-value ratio when borrowers do not use their own funds for at least 5 percent down.
The program is administered through participating lenders.
 
Property Listing
  • Exterior - Front
    Exterior - Front
  • Exterior - Rear & Lawn
    Exterior - Rear & Lawn
  • Living Room
    Living Room
  • Kitchen
    Kitchen
  • Bedroom #1
    Bedroom #1
  • Bathroom
    Bathroom
  • Bedroom #2
    Bedroom #2
  • Laundry Room
    Laundry Room
  • Covered Patio
    Covered Patio
  • Storage Barn
    Storage Barn


 
Type: Multi Family Properties
Agent: Jack Thomas
Company: Montana Legacy Real Estate
1511 Railroad Avenue
Helena, MT, 59601
USA
Price: USD $ 139,000
Featured: Yes

Property description

GREAT INVESTMENT PROPERTY

This recently listed property is a very well maintained duplex that has been owned by one family for decades.  Pride of ownership is evident throughout the building as well as in the manicured back lawn and gardens.  The rental property has had nearly 100 percent occupancy for the past 15 years and will cash flow at the existing rents. 

The lower unit is 888 square feet with two bedrooms and one bath with a charming kitchen and a separate laundry room.  All appliances stay, including the washer and dryer.  Extended living space is provided by the covered outdoor patio and the large lawn with flower and vegetable gardens.   

The upper unit is 630 square feet with one bedroom and one bath.  The bedroom has a walk-in closet with washer and dryer hook-up.  Both units share the large storage barn/shed in the back of the property. 

The sellers have priced the duplex for an immediate sale, so don’t miss your chance to own this super investment property.  Call Jack today at 431-0599.

See the VIRTUAL TOUR here.

Click here to SEARCH ALL HOMES AND PROPERTIES in the Helena area.


Property features
MLS: 273555
Bedrooms: 3
Bathrooms: 2
Square Ft: 1518
House style: Other
Home features
  • Fenced-in yard
  • Cooling: Window Unit
  • Gas Range
  • Heating: Forced Air
  • Laundry Room
  • Other
Community features
  • Mountain Views
  • Parks Nearby

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Agent
Jack Thomas
Company: Montana Legacy Real Estate
Mobile: 406-431-0599
Properties: 13


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