Active
206-210 N 18th STREET
Billings MT, 59101
$785,000
$231.15 per sqft
Active
3,396 sqft
Multi-family
Built in 1920
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.
350891
MLSⓇ ID
February 17, 2025
Listed
February 24, 2025
Updated
Interior Features
Total Stories
2
Laundry Description
Laundry Room
Fireplace
No
Cooling
Yes
Cooling Description
Ductless
Heating
Yes
Heating Description
Ductless, Natural Gas, Combination
Exterior/Building Features
Lot Size
0.16 Acres
Exterior Features
Storage
Lot Features
Interior Lot, Level
Architectural Style
Two Story
Roof
Composition, Metal
Sewer
Public Sewer
Patio And Porch
Deck, Patio
Security
Security System
School Information
High School
Senior High
Elementary School
Mckinley
Other Property Details
Area Name
(06) Downtown
Taxes
$4,023
Tax Frequency
Annually
Garage
No
Parking Total
3
View
No
County
Yellowstone
Water Source
Public
Pool
No
Open House Schedule
Wed, Feb 26th
9:00 AM - 3:00 PM MST
Listed by Miranda Youngren with 41 Realty Group
Listing Contact: 406-506-5253
The IDX display contains information sourced from the Billings Association of REALTORS® as of 2/24/2025. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 2/24/2025 at 6:47 PM UTC