$315,000
2711 Rapid Street
Gillette, WY 82718
MLS# 21-344
Status: Closed
5404 sqft


2711 Rapid Street, Gillette, WY 82718
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Property Description
4plex that cash flows better than an 8% cap rate. Recently remodeled, fresh paint and carpet in 3 units, new dishwashers and washer and dryers in all 4 units. New roof and siding in 2019. In great shape with a great rental history. Call today for your showing and more financial information.

Details
Documents
Listing Information
Current Price: $315,000
Status: Closed
List Price: $315,000
Begin Date: 2021-04-24
Agent Owned: N
Sign on Property: 1
Property Information
# Of Units: 4
Realtor.COM Type: Multi-Family
Total Sq Ft: 5404
Acres: 0.32
Lot Size: 13982
Elem Sch: School District #1
JH/Mdl Sch: School District #1
High Sch: School District #1
Property Sub Type: Stick Built
Year Built: 1982
Location, Legal & Taxes
Number: 2711
Street: Rapid
Street Suffix: Street
State: WY
Zip: 82718
Subdivision: Out of Area
Mls Area: Adjacent Towns
County: Campbell
Zoning: R4
Legal Description: Crest View Est. Sub PH1 Lot A,B,C,D,E Block 10
Remarks & Directions
Directions: Drive south on HWY 59 turn west on Sassick, then south on Blacktooth Ave. 4 plex is on the corner of Blacktooth and Rapid St.
Compensation
BA Comm: 2.5
BA Dual/Var Rate: N
Closing/Financing
Sold Date: 2021-06-15
Rights
Mineral Rights: No
Water Rights: No
Multi Unit Info
Current Lease(s): Yes
Gross Income: 39600
OP Expenses: 9254
Unit 1 Info
Unit 1: Sq Ft: 1354
Unit 1:Rent: 800
Unit 1: Bdrms: 2
Unit 1: Full Bath: 1
Unit 1: 1/2 Bath: 1
Unit 2 Info
Unit 2: Sq Ft: 1307
Unit 2: Rent: 800
Unit 2: Bdrms: 3
Unit 2: Full Bath: 2
Unit 2: 1/2 Bath: 1
Unit 3 Info
Unit 3: Sq Ft: 1373
Unit 3: Rent: 800
Unit 3: Bdrms: 2
Unit 3: Full Bath: 1
Unit 3: 1/2 Bath: 1
Unit 4 Info
Unit 4: Sq Ft: 1370
Unit 4: Rent: 900
Unit 4: Bdrms: 3
Unit 4: Full Bath: 2
Unit 4: 1/2 Bath: 1
Fee/Assessments
HOA Fee: Yes
Association Fee: 240
HOA Frequency: Monthly
Closing Financing
Closing Financing 1: Conventional
Concessions
Repairs: 15000
Property Features
Water Type: Public Water
Sewer Type: Public Sewer
Fuel Type: Electric
Exterior: Vinyl
Roof Type: Fiberglass Shingles
Driveway: Gravel
Heat Type: Baseboard
Owner Pays: Water/Sewer
Unit 1 Info: Unit 1: Lvg Rm; Unit 1: Dng Rm; Unit 1: Kitn; Unit 1: Stove; Unit 1: Fridge; Unit 1: DW
Unit 2 Info: Unit 2: Lvg Rm; Unit 2: Dng Rm; Unit 2: Kitn; Unit 2: Stove; Unit 2: Fridge; Unit 2: DW
Unit 3 Info: Unit 3: Lvg Rm; Unit 3: Kitn; Unit 3: Stove; Unit 3: Fridge; Unit 3: DW
Unit 4 Info: Unit 4: Lvg Rm; Unit 4: Kitn; Unit 4: Stove; Unit 4: Fridge; Unit 4: DW
Property Features: Cable; Electricity
Acceptable Financing: Cash; Conventional
Existing Financing: Conventional

Listing Office: Summit Realty Group Inc.

Office Email: [email protected]

Last Updated: October - 28 - 2023

2711 Rapid Street, Gillette, WY 82718 - MLS# 21-344
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Information is deemed to be reliable, but is not guaranteed. All measurement are approximate.