404 10th St, Wheatland, WY 82201, Wheatland, WY 82201
sale
$400,000
|
Single Family Attached
Courtesy Of Coldwell Banker Commercial The Property Exchange
This well-maintained 5-unit income property has a pro-forma cap over 10%. It features four 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit with washer/dryer hookups, all with new flooring. 2 of the one-bedroom units are leased and the others are currently vacant. There is a large garage with 5 separate units that is currently being used by the owner for storage. This offers additional income opportunity for the new owner to lease these units and raise the rent. Seller *may* carry at a minimum of 25% down (non-negotiable) and 5% interest rate with a 5 year balloon (max). A rare earth mineral mine west of Wheatland, set to ramp up in 2026, adds further growth potential. The detached 5-car garage assigns one spot per tenant, though previously used by the owner. Gas is owner-paid; electric, water, and sewer are separately metered, reducing costs. Perfect for investors seeking cash flow and value-add potential in a high-demand market.
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Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- MLSID: 98413
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