$420,000

Estimated payment $2,452/month

Total Views 9,284
3 Beds
3 Baths
1,488 Sq Ft
$282 Price per Sq Ft

About This Home

Unbeatable investment opportunity: 3 plex for sale! This is your chance to own a prime property in a desirable location. Featuring 3 well-maintained units, this 3-plex offers an exceptional opportunity for both seasoned investors and newcomers looking to build equity. With great rental income potential, this property is poised for immediate cash flow and long-tern growth. Whether you're looking to add to your investment portfolio or occupy one unit while generating income from the others, this property is the perfect solution. It has been upgraded with a new furnace, new electrical service with 3 separate boxes for each unit, and hot water on demand for ultimate tenant satisfaction. Key features: 3 separate units, each offering privacy and charm Solid rental history Turnkey condition, ready for tenants, or owner-occupants Prime location close to downtown and Frontier Park New electrical system for 3 separate meters On demand hot water New furnace for energy efficiency On-site parking lot with potential for unit expansion or development The time to act is now - this investment property won't last long. Make your move today and secure your financial future with this incredible 3-plex investment!

Last Listed By

Belinda Sawyer

RE/MAX Capitol Properties License #RE-14677 Listed on: 02/12/2025

RE/MAX Capitol Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,270

Year Built

  • Built in 1916

Home Design

  • Triplex
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,488 Sq Ft Home
  • 1-Story Property
  • Oven or Range

Additional Features

  • 4,356 Sq Ft Lot
  • Central Air

Community Details

  • 3 Units
  • City Of Cheyenne Subdivision

Listing and Financial Details

  • The owner pays for garbage removal, sewer, water
  • Assessor Parcel Number 11001010100041

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,270

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Style: 1 STORY
  • Class: Multi-Family
  • Heating System: Central Air
  • Lot Size: 4356
  • Tax Database Id: 1
  • Type: 3-Plex
  • Total Sq Ft: 1488
  • Taxes: 1269.74
  • Tax Year: 2024
  • Year Built: 1916
  • Earnest Money Payable To: RE/MAX Capitol Properties
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • First Level Sq Ft: 936
  • Appliances: Refrigerator, Range/Oven
  • Basement Sq Ft: 552

Exterior Features

  • Acreage: 0.1
  • Construction: Frame
  • Roof: Composition/Asphalt
  • Water: Public (City) Water

Utilities

  • Sewer: City Sewer

Lot Info

  • Geo Subdivision: WY

Rental Info

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

Multi Family

  • No. of Units: 3

Tax Info

  • Assessor Parcel Number: 11001010100041

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,270 $17,957 $3,170 $14,787
2023 $1,212 $17,138 $3,170 $13,968
2022 $1,110 $15,376 $3,170 $12,206
2021 $937 $12,950 $3,170 $9,780
2020 $869 $12,049 $3,170 $8,879
2019 $850 $11,775 $3,170 $8,605
2018 $796 $11,130 $2,624 $8,506
2017 $737 $10,215 $2,624 $7,591
2016 $691 $9,564 $2,426 $7,138
2015 $718 $9,945 $2,426 $7,519
2014 $841 $11,564 $2,426 $9,138
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2025 02/12/25 For Sale $420,000 -- $282 / Sq Ft
Source: Cheyenne Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Accommodation
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- Accommodation
Warranty Deed -- None Available
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 New Conventional
Previous Owner $84,000 Commercial
Previous Owner $67,089 Commercial
Source: Public Records

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Source: Cheyenne Board of REALTORS®

MLS Number: 96100

Cheyenne Board of REALTORS®

APN: 1-1001-0101-0004-1