Triplex · Billings, MT

2310 11th Avenue N 101, 201, 202, Billings, MT 59101

$800,000 Active MLS® 360311 Triplex
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ActiveMLS® 360311
$800,000
2310 11th Avenue N 101, 201, 202, Billings, MT 59101
Bds 0 Ba 3,420 Sq.Ft. 0.1607 Ac
Description

Rare new-construction investment opportunity in Billings' hospital corridor! This purpose-built triplex combines modern design, low-maintenance ownership, and excellent income potential in a location consistently favored by medical professionals and other renters.. The thoughtfully designed layout features two upper 2-bedroom, 1-bath units and one spacious lower 3-bedroom, 2-bath unit. Each residence includes a gas fireplace, contemporary cabinetry, stainless steel appliances, and durable finishes selected for lasting appeal. Projected pro forma rents are $1,600 per month for each upper unit and $2,000 per month for the lower unit, offering an estimated 6-7% pro forma cap rate based on current assumptions. Ideal for long-term, furnished, mid-term, or traveling medical rentals. Buyer to verify all figures, projected income, and intended use.

Interior Features
  • Additional features
  • Utilities
  • Air conditioning Central Air, Ductless
  • Basement description
  • Pool description
  • Outbuildings
  • Fence
  • Lot dimension 0.1607
  • Lot description
Exterior Features
  • Body of water
  • View
  • Pool
  • Pool description
  • Outbuildings
  • Fence
  • Lot dimension 0.1607
  • Lot description
  • Foundation
  • Exterior
  • Roofing materials Asphalt, Shingle
Location