$1,550,000
823 S Main Street
Sheridan, WY 82801
MLS# 23-1023
Status: Closed
5168 sqft


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Property 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.

Details
Documents
Listing Information
Agent Owned: N
Current Price: $1,550,000
Status: Closed
List Price: $1,550,000
Begin Date: 2023-11-14
Sign on Property: 1
Property Information
# Of Units: 4
Realtor.COM Type: Multi-Family
Total Sq Ft: 5168
Acres: 0.28
Lot Size: 12196
Garage Stalls: 1
Elem Sch: School District #2
JH/Mdl Sch: School District #2
High Sch: School District #2
Property Sub Type: Stick Built
Year Built: 2018
Location, Tax & Legal
Zoning: R1
Number: 823
Street Direction Pfx: S
Street: Main
Street Suffix: Street
State: WY
Zip: 82801
Subdivision: Vale Avoca Place 2nd
Mls Area: Adjacent Towns
Remarks & Directions
Directions: Call listing agent.
Exterior
Metal: 1
Water Type
Public Water: 1
Sewer Type
Public Sewer: 1
Fuel Type
Natural Gas: 1
Heat Type
Gas Forced Air: 1
AC Type
Central Air: 1
Property Features
Auto Lawn Sprinkler: 1
Acceptable Financing
Cash: 1
Conventional: 1
Trade Exchange/1031: 1
Existing Financing
None: 1
Driveway
Black Top: 1
Multi Unit Info
Heat Expense: 0
ClosingFinancing
Sold Date: 2024-12-27
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

IDX
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.