22nd & Lewis
$1,169,000
2202 Lewis Avenue, Billings, MT 59102
For Sale
Multifamily
Mid High Rise
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
Documents:
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Alt_Sale_Brochure.pdf |
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