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508 E 19TH ST

Cheyenne, WY 82001
  • $495,000
  • STATUS: Active
  • ON SITE: 31 Days
  • MLS #: 95644
UPDATED: 48 min ago
$495,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,596
    SQFT
  • $191
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1915
County:
Area:

School Ratings & Info

Description

Investors, take note! This professionally managed fourplex offers an exceptional opportunity for cash flow and income potential in a prime downtown location. Featuring three 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, this property is a standout. Most units have been thoughtfully updated with new flooring, creating a modern and inviting living space for tenants. Additionally, the property includes a separate basement laundry area equipped with a coin-operated washer and dryer, providing convenient amenities for tenants while generating extra monthly income. With its central location, this property is ideally situated for long-term rentals or short-term/Airbnb opportunities, tapping into Cheyenne's growing demand for flexible housing options. The property is professionally managed and fully turnkey, making it a hassle-free addition to any portfolio. Don't miss out on this downtown gem with excellent cash flow potential!

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[Cheyenne Board of Realtors] logo© 2025 Cheyenne MLS. All rights reserved. Search Results are produced though the Cheyenne MLS IDX Database. Real estate listings held by brokerage firms other than this firm are marked with the IDX logo and includes the name of the listing brokers. The information relating to real estate for sale on this web site comes from the Cheyenne MLS IDX database and is deemed reliable but not guaranteed. Copyright 2025 Cheyenne MLS. The information being provided is for consumers’ 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 is not guaranteed accurate by the MLS or NextHome Rustic Realty. Data last updated: 2025-01-19T16:52:43.263.
www.karihappoldrealestate.com/homes/158880647
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508 E 19TH ST Cheyenne, WY 82001

  • Price: $495,000
  • Status: Active
  • On Site: 31 Days
  • Updated: 48 min ago
  • MLS #: 95644
0
Beds
0
Baths
0
½ Baths
0.17
Acres
2,596
SQFT
$191
$/SQFT
1915
Built
Neighborhood:
City Of Cheyenne
County:
Laramie
Area:
Laramie
Property Description
Investors, take note! This professionally managed fourplex offers an exceptional opportunity for cash flow and income potential in a prime downtown location. Featuring three 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, this property is a standout. Most units have been thoughtfully updated with new flooring, creating a modern and inviting living space for tenants. Additionally, the property includes a separate basement laundry area equipped with a coin-operated washer and dryer, providing convenient amenities for tenants while generating extra monthly income. With its central location, this property is ideally situated for long-term rentals or short-term/Airbnb opportunities, tapping into Cheyenne's growing demand for flexible housing options. The property is professionally managed and fully turnkey, making it a hassle-free addition to any portfolio. Don't miss out on this downtown gem with excellent cash flow potential!
Exterior Features

Construction Concrete Exterior Features Storage Garage Carport None Lot Size 7392 Roof Composition/Asphalt Style 1 STORY

Interior Features

Appliances Range/OvenRefrigerator Heating System OtherRadiant Laundry Coin Ops Sq Ft Basement 312 Unit1 Baths 1 Unit1 Beds 2 Unit2 Baths 1 Unit2 Beds 2 Unit3 Baths 1 Unit3 Beds 2 Unit4 Baths .75 Unit4 Beds 1

Property Features

Annual Expenses 15187 Annual Income 41610 Deed Transfer By General Warranty Management Professional Company Multifamily Type 4-Plex Net Operating Income 26423 Owner Pays ElectricityGarbage RemovalGasSewerWater Proposed Financing CashConventionalFHAVA Sewer City Sewer Tax Year 2024 Taxes $1773.12 Tenant Pays Other Unit1 Rent 1000 Unit2 Rent 900 Unit3 Rent 950 Unit4 Rent 800 Vacancy Percentage 5 Water Public (City) Water

[Cheyenne Board of Realtors] logo Listing courtesy of Coldwell Banker, The Property Exchange: 307-632-6481. © 2025 Cheyenne MLS. Information Deemed Reliable but Not Guaranteed by the Cheyenne MLS. Real estate listings held by brokerage firms other than this firm are marked with the IDX logo and includes the name of the listing brokers.


[Cheyenne Board of Realtors] logo© 2025 Cheyenne MLS. All rights reserved. Search Results are produced though the Cheyenne MLS IDX Database. Real estate listings held by brokerage firms other than this firm are marked with the IDX logo and includes the name of the listing brokers. The information relating to real estate for sale on this web site comes from the Cheyenne MLS IDX database and is deemed reliable but not guaranteed. Copyright 2025 Cheyenne MLS. The information being provided is for consumers’ 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 is not guaranteed accurate by the MLS or NextHome Rustic Realty. Data last updated: 2025-01-19T16:52:43.263.
 
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NextHome Rustic Realty
3306 Kelley Dr. A
Cheyenne WY, 82001