$525,000

Estimated payment $3,100/month

Total Views 6,440
5 Beds
3 Baths
2,511 Sq Ft
$209 Price per Sq Ft

Highlights

  • Brick or Stone Mason
  • Coin Laundry
  • Washer and Dryer
  • Landscaped

About This Home

This is a wonderful all-brick apartment complex! This 3-plex is an ideal rental property for any investor looking for a great long-term investment in a growing market & to expand your portfolio. Fully leased, 0% vacancy. Currently under-rented. This apartment complex has an exceptional rental history! Centrally located in the East central part of the city, it is close to schools, shopping, hospitals, restaurants, family recreation &more! All brick exterior, the building includes sprinkler-system. Hardwood floors throughout, tile counters & bathroom tile, newly painted. Some windows have been replaced. You could live in one and rent the other units for income. The tenants pay for gas and electricity. Coin-operated laundry. It can be purchased at 1853 Crook Ave. & 1843 Crook Ave. Schedule your showing today.

Listing Agent

Lonna Lamphere

Selling Homes Network License #10501 Listed on: 02/24/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,397

Year Built

  • Built in 1950

Lot Details

  • 5,553 Sq Ft Lot
  • Landscaped
  • Front Yard Sprinklers

Home Design

  • Triplex
  • Brick or Stone Mason
  • Built-Up Roof

Interior Spaces

  • 2,511 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Oven or Range
  • Washer and Dryer

Utilities

  • Radiant Heating System
  • Cable TV Available

Listing and Financial Details

  • The owner pays for garbage removal, sewer, water

Community Details

Overview

  • 3 Units
  • Mountview Park Subdivision

Amenities

  • Coin Laundry

Building Details

  • Gross Income $30,308
  • Net Operating Income $17,054

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,397

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Style: 2 STORY
  • Class: Multi-Family
  • Heating System: Radiant
  • Lot Size: 5553
  • Type: 3-Plex
  • Annual Income: 30307.67
  • Exterior Feature: Lawn Sprinklers, Landscaped
  • Total Sq Ft: 2511
  • Taxes: 2397.16
  • Tax Year: 2025
  • Year Built: 1950
  • Earnest Money Payable To: FLYING S TITLE & ESCROW
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Access, Window Covering
  • Laundry: Coin Ops, Washer/Dryer Included
  • First Level Sq Ft: 837
  • Second Level Sq Ft: 837
  • Appliances: Refrigerator, Range/Oven
  • Basement Sq Ft: 837
  • Other Income: 4768.33

Exterior Features

  • Acreage: 0.12
  • Construction: Brick
  • Roof: Built-up
  • 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
  • Annual Expenses: 18021.67
  • Net Operating Income: 17054.30

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
2025 $2,367 $24,671 $2,735 $21,936
2024 $2,367 $33,477 $3,646 $29,831
2023 $2,234 $31,589 $3,646 $27,943
2022 $2,013 $27,883 $3,646 $24,237
2021 $1,666 $23,034 $3,646 $19,388
2020 $1,536 $21,298 $3,646 $17,652
2019 $1,498 $20,743 $3,646 $17,097
2018 $1,468 $20,519 $3,553 $16,966
2017 $1,344 $18,618 $3,553 $15,065
2016 $1,107 $15,329 $3,553 $11,776
2015 $1,156 $16,010 $3,553 $12,457
2014 $1,055 $14,509 $2,651 $11,858
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2025 02/24/25 For Sale $525,000 -- $209 / Sq Ft
Source: Cheyenne Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Laramie County Abstract & Ti
Warranty Deed -- New Title Company Name
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- --
Warranty Deed -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $234,500 New Conventional
Closed $234,500 New Conventional
Previous Owner $175,833 Commercial
Previous Owner $117,501 New Conventional
Previous Owner $127,280 Commercial
Previous Owner $121,440 Commercial
Previous Owner $22,770 Stand Alone Second
Source: Public Records

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Source: Cheyenne Board of REALTORS®

MLS Number: 96207

Cheyenne Board of REALTORS®

APN: 1-6157-0021-0021-0