420 Lordwith Drive Unit Building B, Billings, MT 59102

$1,841,880
7,920
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,841,880
Status
ACTIVE
MLS#
358710
Living Area
7,920
Lot Size (Acres)
0.182
Style
Two Story
Property Subtype
Apartment
Year Built
1959

Property 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.

Additional Information

Area
(06) Downtown
Subdivision
Witherup
Taxes
$9,839
Stories
2
Heating
Forced Air, Gas
Cooling
Central Air
Sewer
Public Sewer
Elementary School
Mckinley
Middle School
Lewis and Clark
High School
Senior High

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Lukas Seely from Century 21 Americana