$315,000
SOLD SEP 2, 2016
Last list price
-- Bed
-- Bath
2,612 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$121 Per Sq Ft

226 Days on Market

Highlights

  • 1-Story Property
  • Landscaped
  • Carpet
  • Outdoor Storage
  • Forced Air Heating System

About This Home

As of October 2018

Zoned commercial business legally non-conforming. Four 1 bath, 1 bedroom units. Four bachelor units. House divided into 2 units one 2bm/1ba and 1bm/1ba. Rent roll in Associated Documents. Annual Income and Expense analysis in associated docs. Cap Rate 8%. Property has substantial deferred maintenance. All leases are month to month. Utilities included in rent. LL pays.

Last Agent to Sell the Property

Chuck West

Coldwell Banker, The Property Exchange License #12852 Listed on: 12/28/2015

Coldwell Banker, The Property Exchange

Last Buyer's Agent

Buck Wilson

#1 Properties License #10900

#1 Properties

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $854

Year Built

  • Built in 1930

Lot Details

  • 6,534 Sq Ft Lot
  • Landscaped

Parking

  • Off-Street Parking

Home Design

  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2,612 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Carpet

Kitchen

  • Oven or Range
  • Microwave

Outdoor Features

  • Outdoor Storage

Utilities

  • Forced Air Heating System
  • Cable TV Available

Listing and Financial Details

  • The owner pays for electricity, gas, garbage removal, water

Community Details

Overview

  • 10 Units
  • Lake Minnehaha Subdivision

Building Details

  • Gross Income $50,100
  • Net Operating Income $23,292

Property Details

Home Type

Apartment

Est. Annual Taxes

$854

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Style: 1 STORY
  • Class: Multi-Family
  • Heating System: Gas Forced Air
  • Type: Apartment Complex
  • Annual Income: 50100
  • Exterior Feature: Landscaped, Storage
  • Total Sq Ft: 2612
  • Vacancy Percentage: 5
  • Taxes: 854.50
  • Tax Year: 2015
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Access, Carpeted, Window Covering
  • First Level Sq Ft: 2088
  • Appliances: Microwave, Refrigerator, Range/Oven
  • Basement Sq Ft: 524
  • Other Income: 600.00

Exterior Features

  • Acreage: 0.15
  • Construction: Frame
  • Roof: Composition/Asphalt
  • Water: Public (City) Water

Garage/Parking

  • Garage Carport: Off Street

Utilities

  • Sewer: City Sewer

Lot Info

  • Geo Subdivision: WY

Rental Info

  • Owner Pays: Electricity, Gas, Garbage Removal, Water

Multi Family

  • No. of Units: 10
  • Annual Expenses: 24903
  • Net Operating Income: 23292

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2018 10/26/18 Sold -- -- --
09/08/2018 09/08/18 Pending -- -- --
09/06/2018 09/06/18 For Sale $174,500 -44.6% $62 / Sq Ft
09/02/2016 09/02/16 Sold -- -- --
08/10/2016 08/10/16 Pending -- -- --
12/28/2015 12/28/15 For Sale $315,000 -- $121 / Sq Ft
Source: Cheyenne Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cheyenne Board of REALTORS®

MLS Number: 62878

Cheyenne Board of REALTORS®