Address
5400 Imperial Ct, Cheyenne, WY
Price
$ 665,000
Property Attributes
  • MLS#92272
  • TypeMulti-Family
  • CountyLARAMIE
  • CityCheyenne
  • AreaLARAMIE
  • NeighborhoodImperial Herita
  • Zip82001
  • Style2 STORY
  • Price$ 665,000
  • Bedrooms8
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage3360
  • Lot Size8,276 SqFt
Data Source:
Cheyenne MLS (CYMLS)
Property Description

Welcome to an outstanding investment opportunity near the heart of Cheyenne! Presenting a meticulously maintained and revenue-generating 4-plex boasting four 2-bedroom, 1-bath units, each spanning a comfortable 840 sq ft. This turnkey property promises a hassle-free investment with every unit showcasing modernized kitchens and bathrooms, adorned with new flooring that exudes contemporary charm. The exterior is equally impressive, featuring new siding and a recently replaced roof just three years ago, ensuring minimal capital expenditure for years to come. Investors will appreciate the attention to detail with a thoughtfully landscaped exterior and an efficient sprinkler system in place. The cozy touch of wood-burning fireplaces in each unit adds a warm and attractive feature for potential tenants. Parking concerns are eliminated with both on and off-street options available. This property is strategically located, offering not only ease of access to shopping centers, restaurants, and grocery stores but also a short walk to schools, making it an attractive option for tenants. For those seeking a solid return on investment, this property boasts an impressive capitalization rate, reflecting its income potential. The combination of well-maintained interiors, recent updates, and a prime location positions this 4-plex as a low-maintenance, high-yield investment opportunity. Don't miss out on the chance to add a robust income stream to your portfolio with this prime multi-family property. Schedule your viewing today and secure your stake in a thriving investment in the flourishing Cheyenne real estate market!

Price History
1/5/2024 Listed $665,000

General Features

Interior Features Cable Access,Fire Place
Sewer City Sewer
Construction Frame
Heating Electric
Roof Composition/Asphalt
Appliances Dishwasher,Disposal,Microwave,Range/Oven,Refrigerator
Laundry Y/N Hook-Ups
Water Public (City) Water
Garage Off Street
Exterior Features Lawn Sprinklers,Landscaped
Status Active
Year Built 1983
Subdivision IMPERIAL HERITA
Style 2 STORY
Miscellaneous Covenants Apply,Assoc Docs in Paragon,See Addendum
Class Multi-Family
Type 4-Plex
Tax Year 2023
Status ACTIVE
Area LARAMIE
Taxes 2090.05
Legal Description Imperial Heritage: Lot 8,Block 2
Proposed Financing Cash,Conventional,VA

Interior Features

Total Number of Units 4
1st Level Sq Ft 1680
2nd Level Sq Ft 1680
Above Grade Sq Ft 3360
Unit 1 -Baths 1
Unit 1 -Beds 2
Unit 2 -Baths 1
Unit 2 -Beds 2
Unit 3 -Baths 1
Unit 3 -Beds 2
Unit 4 -Baths 1
Unit 4 -Beds 2

Exterior Features

Lot Size Area 0.19

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 82001

Price
AVG $1.25M
$670K
Visits
AVG 117
50
Data Provided by Inside Real Estate®
Year Built
AVG 1957
1983

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