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    FOR SALE
    Duplexes

    100 E 28Th St Cheyenne, WY 82001

    3,362 SF Built 1921
    Property ID
    US95-0035405
    100 E 28Th St, Cheyenne, WY 82001 For Sale 1 / 44
    $350,000 3,362 SF
    100 E 28Th St, Cheyenne, WY 82001
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    Property summary
    AI-generated overview

    This unique income property is a textbook value-add opportunity for a savvy investor ready to build a true cash cow. Located in a highly walkable district with direct views of the Capital Building, the property features a flexible multi-dwelling layout including a detached garage converted into a private carriage house and currently generates $3,100 a month with the main 3/2 unit owner occupied (adding potential for another $1,500/month when rented). One unit is a newly launched Airbnb with massive runway to optimize and increase rates, and the property already operates around a 11% Cap Rate when the owner-occupied unit is rented. Zoned Mixed-Use Business (MUB), the possibilities are endless for residential rentals, live/work spaces, or professional offices. This is the perfect chance to renovate one unit at a time, maximize market rents, and unlock massive upside in a prime location.

    Property profile
    Verified
    Property type Duplexes
    Year built 1921
    Total area 3,362 SF
    UPID US95-0035405
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
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