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KJ Real Estate
420 Lordwith Drive Unit Building A, Billings, MT 59102
- $1,896,780
- 7,920
- SqFt
- List Price
- $1,896,780
- MLS#
- 358656
- Status
- ACTIVE
- County
- Yellowstone
- City
- Billings
- Subdivision
- Witherup
- Living Area
- 7,920
- Acres
- 0.18
Property 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.
Additional Information
- Year Built
- 1959
- Style
- Two Story
- Stories
- 2
- Cooling
- Central Air
- Heating
- Forced Air, Gas
- Elementary School
- Mckinley
- Middle School
- Lewis and Clark
- High School
- Senior High
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Listing courtesy of Lukas Seely from Century 21 Americana