$1,550,000
823 S Main Street
Sheridan, WY 82801
MLS# 23-1023
5168 sqft


823 S Main Street, Sheridan, WY 82801
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Property Description
INVESTMENT OPPORTUNITY! Just a short walk from the thriving downtown of Sheridan, Wyoming, this highly profitable investment property is conveniently located near many popular local restaurants, bars, and shops. Built in 2018, this 4-plex features four 2-bedroom, 2 1/2 bathroom units and also includes additional units on the lower level which can be used as short-term rentals under R-2 Zoning. The complex is currently offering a mix of both long-term and short-term rental options. The fully furnished short-term rentals are being managed by a successful local management team specializing in the Airbnb market. Newly built turnkey investment properties like this are a rare find in the Sheridan area.

Details
Documents
Listing Information
Current Price: $1,550,000
Status: Active
List Price: $1,550,000
Begin Date: 2023-11-14
Agent Owned: N
Sign on Property: 1
Property Information
# Of Units: 4
Realtor.COM Type: Multi-Family
Total Sq Ft: 5168
Acres: 0.28
Lot Size: 12196
Elem Sch: School District #2
JH/Mdl Sch: School District #2
High Sch: School District #2
Property Sub Type: Stick Built
Year Built: 2018
Garage Stalls: 1
Location, Legal & Taxes
Number: 823
Street Direction Pfx: S
Street: Main
Street Suffix: Street
State: WY
Zip: 82801
Subdivision: Vale Avoca Place 2nd
Mls Area: Adjacent Towns
County: Sheridan
Zoning: R1
Legal Description: VALE AVOCA PLACE 2ND BLOCK 5 LOT 11 & LOT 12
Remarks & Directions
Directions: Call listing agent.
Compensation
BA Comm: 2
BA Dual/Var Rate: N
Property Features
Water Type: Public Water
Sewer Type: Public Sewer
Fuel Type: Natural Gas
Exterior: Metal
Driveway: Black Top
Heat Type: Gas Forced Air
AC Type: Central Air
Property Features: Auto Lawn Sprinkler
Acceptable Financing: Cash; Conventional; Trade Exchange/1031
Existing Financing: None

Listing Office: Powers Land Brokerage, LLC

Office Email: [email protected]

Last Updated: April - 11 - 2024

823 S Main Street, Sheridan, WY 82801 - MLS# 23-1023
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.