$539,000
Sheridan, WY 82801
MLS# 24-966
Status: Closed
2782 sqft
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1 / 68
Property 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.
Details
Documents
Listing Information
Agent Owned: N
Current Price: $539,000
Status: Closed
List Price: $539,000
Begin Date: 2024-08-21
Sign on Property: 1
Property Information
# Of Units: 3
Realtor.COM Type: Multi-Family
Total Sq Ft: 2782
Acres: 0.17
Lot Size: 7405
Garage Stalls: 0
Elem Sch: School District #2
JH/Mdl Sch: School District #2
High Sch: School District #2
Property Sub Type: Stick Built
Year Built: 1920
Location, Tax & Legal
Zoning: R1
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
Remarks & Directions
Directions: Property is located a few houses South of Avoca Ave. on the east side of Sheridan Ave.
Exterior
Composition: 1
Water Type
Public Water: 1
Sewer Type
Public Sewer: 1
Fuel Type
Electric: 1
Heat Type
Baseboard: 1
Roof Type
Composite Asphalt: 1
Property Features
Electricity: 1
Acceptable Financing
Cash: 1
Conventional: 1
FHA: 1
VA: 1
Driveway
Dirt: 1
Closing Financing
Closing Financing 1: Conventional
Concessions
Lump Sum: 3500
Multi Unit Info
Heat Expense: 0
Owner Pays
Water/Sewer: 1
Unit 1 Info
Unit 1: Sq Ft: 868
Unit 1:Rent: 1200
Unit 1: Bdrms: 2
Unit 1: Full Bath: 1
Unit 1: Stove: 1
Unit 1: Fridge: 1
Unit 1: Dryer: Yes
Unit 1: Washer: Yes
Disclosures
Lead Base Paint: Yes
Possession Info: Upon Funding
Unit 2 Info
Unit 2: Sq Ft: 1435
Unit 2: Bdrms: 3
Unit 2: Full Bath: 1
Unit 2: 1/2 Bath: 1
Unit 2: Stove: 1
Unit 2: Fridge: 1
Unit 3 Info
Unit 3: Sq Ft: 478
Unit 3: Rent: 900
Unit 3: Bdrms: 1
Unit 3: Full Bath: 1
Unit 3: Fridge: 1
ClosingFinancing
Sold Date: 2024-10-31
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
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 south side serves as an easement to the neighboring property and provides access to additional parking behind the duplex. Act fastopportunities like this don't last long. Secure your future with this well-maintained, income-generating property!
3D TOURS:
Downstairs - https://my.matterport.com/show/?m=MrhoiYFzJfr&mls=1
Upstairs - https://my.matterport.com/show/?m=LqhunUAAHzw&mls=1
Back House - https://my.matterport.com/show/?m=wBrVcgN2SMv&mls=1
Legal Description 
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.