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22nd & Lewis

$1,169,000

2202 Lewis Avenue, Billings, MT 59102

Active
Last Updated: 02/13/2025

5.2

Cap Rate

60,842.4

NOI

Details:
Cap Rate:    5.2%
NOI:    $60,842.40
Building Size:    6,480 sqft
Lot Area:    0.2976 acres
Units:    6
Year Built:    1970
Floors:    2
Highlights:
  • 6 Units
  • Covered parking
  • 2 Laundry Rooms
  • New windows in 2018
  • New roofs in 2016 & 2015
Description:

Two building 6-plex in a highly desirable neighborhood just two blocks off 24th Street. Well maintained mix of 2 and 3 bed units. 4 of the 6 units have been remodeled/updated in the last few years. A laundry room for each building is provided to tenants with coin-operated washer and dryer. Owner pays gas and water. Tenant pays electric.

Lewis and 22nd Street West

Map:
Documents:
Title
Alt_Sale_Brochure.pdf
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Location
Gallery