420 Lordwith Drive Building B, Billings, MT 59102

$1,841,880 Active MLS® 358710 Lease
ActiveMLS® 358710
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420 Lordwith Drive Building B, Billings, MT 59102 photo
Lease
MLS® 358710
$1,841,880
420 Lordwith Drive Building B, Billings, MT 59102
0 Baths 0.182 Acres 7,920 Sq.Ft. Built 1959
Description

8-unit, two-story brick multifamily offering all 2BR/1BA units with full occupancy and an active waitlist. Majority of units have been thoughtfully updated, with remaining classic units presenting a clear value-add opportunity through light renovation and repositioning. Strong in-place performance with immediate income and upside tied to unit turnover and continued improvements. Ideal blend of stabilized asset and future growth potential. DOR-approved condo conversion creates optional exit strategy for individual unit sales. Part of a three-building offering at 420 Lordwith Drive in Billings, available individually or as a portfolio acquisition. Located less than one mile from the new Intermountain Health campus, supporting long-term rental demand and area growth.

Interior features
  • Air conditioning Central Air
  • Lot dimension 0.1818
  • Lot description Interior Lot, Landscaped
Exterior features
  • Lot dimension 0.1818
  • Lot description Interior Lot, Landscaped
  • Roofing materials Asphalt, Shingle

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