2517 Arnold Lane, Billings, MT 59102
- $826,533
- 5
- BD
- 3
- BA
- 2,762
- SqFt
- List Price
- $826,533
- Status
- ACTIVE
- MLS#
- 360288
- Bedrooms
- 5
- Bathrooms
- 3
- Full Baths
- 3
- Living Area
- 2,762
- Lot Size (Acres)
- 0.38
- Style
- Ranch
- Property Subtype
- Single Family Residence
- Year Built
- 1950
Property Description
Turnkey tri-income property directly across from Lillis Park. Three separate rental streams generating $5,455/month ($65,460 annually) with all units leased at market rents. The main residence (1,529 sq ft | 3BD/2BA) and basement apartment (1,233 sq ft | 2BD/1BA) were completely rebuilt to the studs in 2025 — new LVP flooring, stainless appliances, and new roof. The detached ADU (960 sq ft | 2BD/2BA), completed in 2026, features a private patio and dedicated parking. All three units enjoy off-street parking on a 16,500 sq ft lot with freshly landscaped grounds and new asphalt parking added in 2026. Cap rate approaching 6% at list price. Zero deferred maintenance. Immediate returns. Rent Rolls available on request and signed NDA
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Additional Information
- Area
- (08) West Billings
- Subdivision
- Na
- Taxes
- $2,397
- Stories
- 1
- Garage Spaces
- 1
- Heating
- Forced Air, Gas
- Cooling
- Central Air
- Sewer
- Public Sewer
- Elementary School
- Burlington
- Middle School
- Will James
- High School
- West
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Listing courtesy of Steve Wells from Century 21 Americana