2310 11th Avenue N Unit 101, 201, 202, Billings, MT 59101

$800,000
3,420
SqFt

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List Price
$800,000
MLS#
360311
Status
ACTIVE
County
Yellowstone
City
Billings
Subdivision
23rd Street
Living Area
3,420
Acres
0.16

Property Description

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.

Additional Information

Year Built
2025
Style
Other
Stories
2
Cooling
Central Air, Ductless
Heating
Ductless, Forced Air, Gas
Parking Spaces
6
Elementary School
Mckinley
Middle School
Riverside
High School
Senior High

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Calculator source: Real Geeks

Listing courtesy of Shawn Johnston from Keller Williams Yellowstone Properties