$800,000
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 $1,800 per month for each upper unit and $2,500 per month for the lower unit, offering an estimated 6% 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.
360311
MLS
2310 11th Avenue N Unit 101, 201, 202, Billings
Listing courtesy of Shawn Johnston from Keller Williams Yellowstone Properties
IDX information provided courtesy of the Montana Regional MLS, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.