823 S Main Street, Sheridan, WY 82801 (MLS# 23-1023)

823 S Main Street, Sheridan, WY 82801

$1,550,000

Property Type: Multi-Unit Square Footage: 5,168 Status: Closed

Current Price: $1,550,000 List Date: 4/11/2024 Last Modified: 12/30/2024

Overview

Description

INVESTMENT OPPORTUNITY! Just a short walk from the thriving downtown of Sheridan, Wyoming, this highly profitable investment property is conveniently located near many popular local restaurants, bars, and shops. Built in 2018, this 4-plex features four 2-bedroom, 2 1/2 bathroom units with ability to lease a portion of units as short-term rentals under R-2 Zoning. The complex is currently offering a mix of both long-term and short-term rental options. The fully furnished short-term rentals are being managed by a successful local management team specializing in the Airbnb market. Newly built turnkey investment properties like this are a rare find in the Sheridan area.

Listing Details MLS# 23-1023

Location, Tax & Legal

Number: 823
Street Direction Pfx: S
Street: Main
Street Suffix: Street
State: WY
Zip: 82801
Subdivision: Vale Avoca Place 2nd
Mls Area: Adjacent Towns

Listing Information

Begin Date: 2023-11-14
Agent Owned: N
Sign on Property: Yes

Property Information

# Of Units: 4
Realtor.COM Type: Multi-Family
Total Sq Ft: 5168
Acres: 0.28
Elem Sch: School District #2
JH/Mdl Sch: School District #2
High Sch: School District #2
Property Sub Type: Stick Built
Year Built: 2018
Garage Stalls: Yes

ClosingFinancing

Sold Date: 2024-12-27

More Information

Property Features

Water Type: Public Water Sewer Type: Public Sewer Fuel Type: Natural Gas Exterior: Metal Driveway: Black Top Heat Type: Gas Forced Air AC Type: Central Air Property Features: Auto Lawn Sprinkler Acceptable Financing: Cash; Conventional; Trade Exchange/1031 Existing Financing: None

Documents

Brokerage Disclosure ›

Listing Office: Powers Land Brokerage, LLC

Office Email: charlie@powerslandbrokerage.com

Last Updated: December - 30 - 2024

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