22nd & Lewis

2202 Lewis Avenue, Billings, MT

$1,200,000

Price

5.07%

Cap Rate

$60,842.40

NOI

Overview
Cap Rate
5.07%
NOI
$60,842.40
Building Size
6,480 sqft
Lot Area
0.2976 acres
Units
6
Year Built
1970
Floors
2
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

Highlights
  • 6 Units
  • Covered parking
  • 2 Laundry Rooms
  • New windows in 2018
  • New roofs in 2016 & 2015
Documents

Location
Gallery