$625,000
358 E 7th Street
Sheridan, WY 82801
MLS# 25-185
Status: Closed
2522 sqft


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Property Description
Built in 2020, this Low Maintenace Triplex is always full, each unit includes 1 car, attached, finished garage, laundry room, A/C, dishwasher, all concrete floors, electric cove heating and Mini split A/C. utilities metered separately. Electricity paid by tenants, Water and garbage paid by owner. Square footage is approximate

Details
Listing Information
Agent Owned: Y
Current Price: $625,000
Status: Closed
List Price: $625,000
Begin Date: 2025-03-21
Sign on Property: 1
Property Information
# Of Units: 3
Realtor.COM Type: Multi-Family
Total Sq Ft: 2522
Acres: 0.16
Lot Size: 7100
Garage Stalls: 3
Elem Sch: School District #2
JH/Mdl Sch: School District #2
High Sch: School District #2
Property Sub Type: Stick Built
Year Built: 2020
Location, Tax & Legal
Zoning: R3
Number: 358
Street Direction Pfx: E
Street: 7th
Street Suffix: Street
State: WY
Zip: 82801
Subdivision: Sheridan Land Company
Mls Area: City
Total Taxes: 3583
Tax Yr: 2024
Remarks & Directions
Directions: Located 2 blocks North of E 5th Street, this Triplex sits on the corner of E 7th Street and N. Custer Street
Exterior
Lap Siding: 1
Water Type
Public Water: 1
Sewer Type
Public Sewer: 1
Fuel Type
Electric: 1
Rights
Mineral Rights: No
Water Rights: No
Heat Type
Other: 1
Radiant: 1
AC Type
Wall A/C: 1
Roof Type
Composite Asphalt: 1
Fee/Assessments
Assessments: No
HOA Fee: No
Acceptable Financing
Cash: 1
Conventional: 1
Trade Exchange/1031: 1
Existing Financing
Conventional: 1
Driveway
Concrete: 1
Multi Unit Info
Current Lease(s): Yes
# of Garages: 3
Off Street Parking: yes
Wtr/Swr Expense: 1320
Heat Expense: 0
Gross Income: 50400
Vacancy Expense: 1008
OP Expenses: 8098
Net Income: 41294
Owner Pays
Mowing: 1
Water/Sewer: 1
Unit 1 Info
Unit 1: Sq Ft: 577
Unit 1:Rent: 1050
Unit 1: Bdrms: 1
Unit 1: Lvg Rm: 1
Unit 1: Kitn: 1
Unit 1: Full Bath: 1
Unit 1: Stove: 1
Unit 1: Fridge: 1
Unit 1: DW: 1
Unit 1: Garage: 1 stall attached
Disclosures
Appraisal: No
Encroachments: No
Home Warranty: No
Inspection(s): No
Lead Base Paint: No
Property Condition: No
Right of Way: No
Survey: No
Unit 2 Info
Unit 2: Sq Ft: 846
Unit 2: Rent: 1350
Unit 2: Bdrms: 2
Unit 2: Lvg Rm: 1
Unit 2: Kitn: 1
Unit 2: Full Bath: 1
Unit 2: Stove: 1
Unit 2: Fridge: 1
Unit 2: DW: 1
Unit 2: Garage: 1 stall attached
Unit 3 Info
Unit 3: Sq Ft: 1043
Unit 3: Rent: 1700
Unit 3: Bdrms: 3
Unit 3: Lvg Rm: 1
Unit 3: Kitn: 1
Unit 3: Full Bath: 2
Unit 3: Stove: 1
Unit 3: Fridge: 1
Unit 3: DW: 1
Unit 3: Garage: 1 stall attached
ClosingFinancing
Sold Date: 2025-10-06
Property Features
Water Type: Public Water
Sewer Type: Public Sewer
Fuel Type: Electric
Exterior: Lap Siding
Roof Type: Composite Asphalt
Driveway: Concrete
Heat Type: Other; Radiant
AC Type: Wall A/C
Owner Pays: Mowing; Water/Sewer
Unit 1 Info: Unit 1: Lvg Rm; Unit 1: Kitn; Unit 1: Stove; Unit 1: Fridge; Unit 1: DW
Unit 2 Info: Unit 2: Lvg 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
Acceptable Financing: Cash; Conventional; Trade Exchange/1031
Existing Financing: Conventional

IDX
Listing Office: Summit Realty Group Inc.

Office Email: mary@summitrealtygroupwy.com

Last Updated: October - 09 - 2025

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