Location
Property Type
Area
Min. Price
Max. Price
Beds
Baths

206-210 N 18th Street


Billings, MT 59101
7.33 cap rate! Turnkey 6-unit multifam investment opp. This meticulously updated property consists of a 4-plex on one parcel & two charming detached homes on the adjacent parcel, allowing the option for separate financing. All 6 units are being sold together. Renovations include granite countertops in 5 units, premium trim work, & modern finishes. Apts have high ceilings & large walk-in pantries. Security cameras installed. Current rents are $975 for 5 units and $895 for the studio, plus CAM & tenant reimbursement for W/S/G. The demand for rentals is consistently high in this location, due to its strategic positioning near key employment centers and range of lifestyle attractions. Additional income include $25/mo. parking and $100/mo coin-op laundry. Recent improvements include a $38k foundation repair on the 4-plex & fresh exterior paint on the deck, significantly enhancing curb appeal.
Directions
North 18th between 2nd Ave S and 3rd Ave S.
MLS #
350891
County
Yellowstone
Type
MultiFamily
Area
(06) Downtown
Subdivision
Billings original townsite
Year Built
1920

Schools

Elementary
Mckinley
Middle School
Riverside
High School
Senior High
Source: BAR/MLS
Total SqFt
3,396 Sq Ft
Number of Levels
Two

Property Layout Breakdown

Above Grade Finished Area
3396.00
Living Area
3396.00
Lot Size
7,000 Sq Ft
Acres
0
Zoning
See Remarks
Lot Description
InteriorLot,Level
Rooms
Level
Description
Features
Refrigerator
SecuritySystem
Refrigerator
SecuritySystem
Heating
Ductless,NaturalGas,Combination
Cooling
Ductless
Sewer
PublicSewer
Taxes
$4,023