1321 S Sheridan Avenue, Sheridan, WY 82801 (MLS# 24-966)

1321 S Sheridan Avenue, Sheridan, WY 82801

$539,000

Virtual Tour

https://my.matterport.com/show/?m=MrhoiYFzJfr&mls=1

Property Type: Multi-Unit Square Footage: 2,782 Status: Closed

Current Price: $539,000 List Date: 8/26/2024 Last Modified: 11/01/2024

Overview

Description

Duplex & a House! Discover an exceptional investment opportunity with this pristine 3-unit rental property, generating a robust potential income of $3,800 per month or $45,600 annually. Perfect for investors seeking minimal maintenance or homeowners wanting to offset their mortgage with rental income! All units have been remodeled and/or refinished within the last 6 months, ensuring a move-in-ready condition for tenants and minimal upkeep for the owner. Ideal for investors or buyers interested in residing in one unit while renting out the others. The front unit is vacant and has been COMPLETELY remodeled and could potentially bring $1,700mo.

Supplements: The upstairs unit is currently rented for $900/month ($900 security deposit) and house in the back is currently rented for $1,200/month ($1,600 security deposit). Tenants in the back house pay all their own utilities (MDU & City). Duplex tenants cover MDU costs; the owner is responsible for City utility bills (water/trash). The driveway on the sou ... (Read more)

Listing Details MLS# 24-966

Location, Tax & Legal

Number: 1321
Street Direction Pfx: S
Street: Sheridan
Street Suffix: Avenue
State: WY
Zip: 82801
Subdivision: NONE
Mls Area: City
Total Taxes: 2021.16
Tax Yr: 2023

Listing Information

Begin Date: 2024-08-21
Agent Owned: N
Sign on Property: Yes

Property Information

# Of Units: 3
Realtor.COM Type: Multi-Family
Total Sq Ft: 2782
Acres: 0.17
Elem Sch: School District #2
JH/Mdl Sch: School District #2
High Sch: School District #2
Property Sub Type: Stick Built
Year Built: 1920

ClosingFinancing

Sold Date: 2024-10-31

Unit 1 Info

Unit 1: Sq Ft: 868
Unit 1:Rent: 1200
Unit 1: Bdrms: 2
Unit 1: Full Bath: Yes
Unit 1: Dryer: Yes
Unit 1: Washer: Yes

Unit 2 Info

Unit 2: Sq Ft: 1435
Unit 2: Bdrms: 3
Unit 2: Full Bath: Yes
Unit 2: 1/2 Bath: Yes

More Information

Unit 3 Info

Unit 3: Sq Ft: 478
Unit 3: Rent: 900
Unit 3: Bdrms: Yes
Unit 3: Full Bath: Yes

Closing Financing

Closing Financing 1: Conventional

Concessions

Lump Sum: 3500

Disclosures

Lead Base Paint: Yes
Possession Info: Upon Funding

Property Features

Water Type: Public Water Sewer Type: Public Sewer Fuel Type: Electric Exterior: Composition Roof Type: Composite Asphalt Driveway: Dirt Heat Type: Baseboard Owner Pays: Water/Sewer Unit 1 Info: Unit 1: Stove; Unit 1: Fridge Unit 2 Info: Unit 2: Stove; Unit 2: Fridge Unit 3 Info: Unit 3: Fridge Property Features: Electricity Acceptable Financing: Cash; Conventional; FHA; VA

Documents

Legal Description ›

Brokerage Disclosure ›

Lead-Based Paint Disclosure ›

Listing Office: Concept Z Home & Property

Office Email: zack@zackcummins.com

Last Updated: November - 01 - 2024

Information is deemed to be reliable, but is not guaranteed. All measurement are approximate.