NOT LISTED FOR SALE

1659 N 4th St Laramie, WY 82072

8 Beds
4 Baths
34,560 Sq Ft
1.24 Acres

Last Sold May 08, 2023

4 Days on Market

Highlights

  • Washer and Dryer
  • Heating Available
  • 5-minute walk to La Bonte Park

About This Home

As of May 2023

The Laramie Apartments are a 48-unit that consist of six 8-plexes with garden level lower units and then upper units, built in 2005. Each unit is 2 bedrooms, 1 bath, with stackable washer/dryers, and approx. 720 s/f each. Each unit is separately metered for electric has its own hot water heater, 4 zone electric baseboard heaters (average tenant utility cost of $60 per month). Owner pays water, sewer, trash, maintenance, and management. Location is less than 1.5 miles from the University of Wyoming Campus, and the average rent is currently $735 per month but going up between $750 - $795. Seller would like to do a contract for deed (owner carry financing) of up to $4,000,000.00 at 5% interest for 10 years. call LA.

Last Agent to Sell the Property

Buck Wilson

#1 Properties License #10900 Listed on: 04/03/2023

#1 Properties

Last Buyer's Agent

Derek Colling

Wyoming Real Estate Group License #13033

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $28,017

Year Built

  • Built in 2005

Lot Details

  • 1.24 Acre Lot

Home Design

  • Frame Construction
  • Composition Roof

Interior Spaces

  • 34,560 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Washer and Dryer

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Utilities

  • Heating Available
  • Cable TV Available

Listing and Financial Details

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

Community Details

Overview

  • 48 Units
  • Downey Add Subdivision

Building Details

  • Gross Income $404,145
  • Net Operating Income $300,687

Property Details

Home Type

Apartment

Est. Annual Taxes

$28,017

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Style: 2 STORY
  • Class: Multi-Family
  • Heating System: Electric
  • Lot Size: 53888
  • Type: Apartment Complex
  • Annual Income: 404145
  • Total Sq Ft: 34560
  • Taxes: 28017.41
  • Tax Year: 2022
  • Year Built: 2005
  • Earnest Money Payable To: #1 Properties
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Access, Window Covering
  • Laundry: Washer/Dryer Included
  • First Level Sq Ft: 17280
  • Second Level Sq Ft: 17280
  • Appliances: Disposal, Dishwasher, Refrigerator, Range/Oven

Exterior Features

  • Acreage: 1.24
  • Construction: Frame
  • Roof: Composition/Asphalt
  • Water: Public (City) Water

Utilities

  • Sewer: City Sewer

Lot Info

  • Geo Subdivision: WY

Rental Info

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

Multi Family

  • No. of Units: 48
  • Annual Expenses: 103458
  • Net Operating Income: 300687

Range of Values:

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Average Value
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List Price
Sold Price
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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
05/08/2023 05/08/23 Sold -- -- --
04/07/2023 04/07/23 Pending -- -- --
04/03/2023 04/03/23 For Sale $6,500,000 -- $188 / Sq Ft
Source: Cheyenne Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Buck Wilson

    Seller's Agent in 2023

    Buck Wilson

    #1 Properties

    (307) 221-1502

    89 Total Sales

    Section Image
  • Derek Colling

    Buyer's Agent in 2023

    Derek Colling

    Wyoming Real Estate Group

    (702) 371-2527

    13 Total Sales

    Section Image
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Map

Source: Cheyenne Board of REALTORS®

MLS Number: 89372

Cheyenne Board of REALTORS®

APN: 16732833101100

Wyoming Albany County Laramie 82072

1659 N 4th St, Laramie, WY

This home is located at 1659 N 4th St, Laramie, WY 82072 since 03 April 2023. This property was built in 2005. 1659 N 4th St is a home located in Albany County with nearby schools including Slade Elementary School, Laramie Junior High School, and Laramie High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cheyenne Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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