Lease · Billings, MT 59102
420 Lordwith Drive Building B, Billings, MT 59102
Billings, MT 59102
$1,841,880
ActiveMLS® 358710
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. See related for Building A (MLS #358656) and Building C (MLS #358712). Full portfolio listing available under MLS #358713.
Interior
- A/C Central Air
- Heating Forced Air, Gas
Exterior and Construction
- Construction materials Brick
- Style Two Story
- Roofing Asphalt, Shingle
Utilities
- Sewer Public Sewer
- Water Public
Land and Lot
- Lot size 0.1818 acres (7,920 sq ft)
- Lot description Interior Lot, Landscaped
Location and Zoning
- Zoning description NX2 - Mixed Residential 2
- County Yellowstone
- Subdivision Witherup
- Neighborhood Highlands
Schools
- High School Senior High
- Elementary School Mckinley
- Junior High School Lewis and Clark
- School District Billings Elementary School District
Tax and Legal
- Annual tax $9,839
- Parcel number A18622
- Legal description WITHERUP SUBD, S32, T01 N, R26 E, BLOCK 1, Lot 1 - 2, (14) Units 1-8
Listing Information
- Listing Agent
- Lukas Seely
- Listing Office
- Century 21 Americana
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