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420 Lordwith Drive Unit Building C, Billings, MT 59102

$1,711,340
: 7,920
SqFt

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List Price: $1,711,340
MLS#: 358712
Status: ACTIVE
County: Yellowstone
City: Billings
Subdivision: Witherup
Living Area: 7,920
Acres: 0.18

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Property Description

8-unit, two-story brick multifamily offering all 2BR/1BA units, 100% occupied with a waitlist. Balanced unit mix with 4 renovated & 4 classic units creates a strong in-place income stream with clear upside. Classic units present a proven path to increased rents through interior updates, making this the most compelling value-add opportunity in the portfolio. Current income supports immediate cash flow, while future improvements allow for growth. Condo conversion has been approved, providing flexibility for a potential sell-off strategy or long-term hold. Located within a three-building offering, available individually or as part of the full portfolio. Positioned less than one mile from a major hospital development, supporting long-term rental demand. See listings for Building A (MLS #358656) and Building B (MLS #358710). Full portfolio listing available under MLS #358713.

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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