For sale
  • Price cut: $50K (9/22)
    $400,000

    404 10th St, Wheatland, WY 82201

    --beds
    --baths
    2,460sqft
    : 
    5-8 Plex, Multi Family
    Built in 1944
    -- sqft lot
    $-- Zestimate®
    $163/sqft
    $-- HOA

    What's special

    New flooring
    Seller carry at 5% offered! This well-maintained 5-unit income property is a prime investment opportunity in a desirable area. It features four 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit with washer/dryer hookups, all with new flooring. Recent flood-related renovations left several units vacant, offering upside for leasing at market rates with a pro-forma cap rate of 8.6%. 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. 25% down payment on seller financing.
    37 days
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    176
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    6
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