Lease · Billings, MT

420 Lordwith Drive Building A, Billings, MT 59102

$1,896,780 Active MLS® 358656 Lease
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ActiveMLS® 358656
$1,896,780
420 Lordwith Drive Building A, Billings, MT 59102
Bds 0 Ba 7,920 Sq.Ft. 0.1818 Ac
Description

Fully occupied 8-unit, two-story brick multifamily property offering strong in-place income and immediate upside. All units are 2 bed, 1 bath. Five units have been renovated and are achieving premium rents, with three remaining units providing a clear value-add opportunity through updates. Property has demonstrated rental growth with continued demand in the area and consistent occupancy. DOR-approved for condo conversion, creating flexibility for a future exit strategy or phased sell-off. Located less than one mile from a major regional hospital development, supporting long-term rental demand. Part of a three-building portfolio at 420 Lordwith Drive, available individually or as a portfolio acquisition. Opportunity for both cash flow and appreciation. ee related listings for Building B (MLS #358710) and Building C (MLS #358712). Full portfolio listing available under MLS # 358713.

Interior Features
  • Additional features
  • Utilities
  • Air conditioning Central Air
  • Basement description
  • Pool description
  • Outbuildings
  • Fence
  • Lot dimension 0.1818
  • Lot description Interior Lot, Landscaped
Exterior Features
  • Body of water
  • View
  • Pool
  • Pool description
  • Outbuildings
  • Fence
  • Lot dimension 0.1818
  • Lot description Interior Lot, Landscaped
  • Foundation
  • Exterior
  • Roofing materials Asphalt, Shingle
Location