NOT LISTED FOR SALE

537 W 5th St Cheyenne, WY 82007

12 Beds
4 Baths
1,938 Sq Ft
5,805 Sq Ft Lot

Last Sold October 01, 2018

323 Days on Market

Highlights

  • Brick or Stone Mason
  • Forced Air Heating System
  • Carpet
  • 1-Story Property

About This Home

As of October 2018

13 brick and vinyl sided duplexes for a total of twenty-six 2 & 3 bedroom apartments. One level living with laundry in each unit. No pet policy, separate meters. Tenants pay for electric and gas while seller pays water, sewer, and trash. Although each unit has their own water meter so it could be split between tenants. One unit used as office/storage. Great income producing property! Sold: As Is Where Is.

Last Agent to Sell the Property

Carla Wilson

#1 Properties License #11994 Listed on: 09/11/2017

#1 Properties

Last Buyer's Agent

Corey Rang

Peak Properties, LLC License #5002

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,500

Year Built

  • Built in 1973

Lot Details

  • 5,805 Sq Ft Lot

Home Design

  • Brick or Stone Mason
  • Composition Roof

Interior Spaces

  • 1,938 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Oven or Range
  • Washer and Dryer Hookup

Utilities

  • Forced Air Heating System
  • Cable TV Available

Listing and Financial Details

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

Community Details

Overview

  • 13 Units
  • Stanfield Add Subdivision

Building Details

  • Gross Income $250,000
  • Net Operating Income $316,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,500

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Style: 1 STORY
  • Class: Multi-Family
  • Heating System: Gas Forced Air
  • Lot Size: 5805
  • Type: 5-8 Plex
  • Annual Income: 250000
  • Total Sq Ft: 1938
  • Vacancy Percentage: 2%
  • Taxes: 10500
  • Tax Year: 2016
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Access, Carpeted
  • Laundry: Hook-Ups
  • First Level Sq Ft: 969
  • Appliances: Refrigerator, Range/Oven

Exterior Features

  • Acreage: 0.13
  • Construction: Brick
  • 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: 13
  • Annual Expenses: 33120
  • Net Operating Income: 316000

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
10/01/2018 10/01/18 Sold -- -- --
07/31/2018 07/31/18 Pending -- -- --
03/02/2018 03/02/18 Price Changed $2,800,000 -3.4% $1,445 / Sq Ft
09/11/2017 09/11/17 For Sale $2,900,000 -- $1,496 / Sq Ft
Source: Cheyenne Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2018

    Carla Wilson

    #1 Properties

    Section Image
  • Corey Rang

    Buyer's Agent in 2018

    Corey Rang

    Peak Properties, LLC

    (307) 640-3148

    163 Total Sales

    Corey Rang
    Section Image
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Map

Source: Cheyenne Board of REALTORS®

MLS Number: 69298

Cheyenne Board of REALTORS®
Wyoming Laramie County Cheyenne 82007

537 W 5th St, Cheyenne, WY

This home is located at 537 W 5th St, Cheyenne, WY 82007 since 11 September 2017. This property was built in 1973. 537 W 5th St is a home located in Laramie County with nearby schools including Cole Elementary School, Johnson Junior High School, and South 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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