Lease · Billings, MT 59102
420 Lordwith Drive Building A, Billings, MT 59102
Billings, MT 59102
$1,896,780
ActiveMLS® 358656
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
- 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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