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1236 S Chestnut Street

Casper, WY 82601
  • $525,000
  • STATUS: Active
  • ON SITE: 16 Days
  • MLS #: 20245670
UPDATED: 27 min ago
$525,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,522
    SQFT
  • $149
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1917
County:

School Ratings & Info

Description

This updated property offers an incredible opportunity for both investors and homeowners looking for a versatile, income-generating home. Currently operating as a successful Airbnb, it generates approximately $6,000 in gross monthly income, making it an excellent addition to any real estate portfolio. The entire building has been tastefully updated with newer luxury vinyl plank flooring throughout, ensuring a modern look and easy maintenance, with no carpet to worry about. The main floor welcomes you with a spacious layout that includes two bedrooms, one bathroom, a large living room, and a kitchen with dining space perfect for entertaining. A dedicated laundry room adds to the convenience for long-term residents or guests. Upstairs, the upper unit impresses with three bedrooms, one bathroom, and a beautifully updated kitchen featuring a large island. The kitchen opens into a cozy living room, making it a comfortable and stylish space for gathering. The basement unit adds even more value, with two additional bedrooms, one bathroom, a massive kitchen, a large living room, and a dining area. Its generous layout makes it perfect for hosting larger groups or long-term tenants. The property's R4 zoning provides additional opportunities to maximize its potential. A studio apartment in the garage has already been stubbed out for a kitchen and bathroom, offering the option to complete the space for even more income or flexibility. This property is perfect for an investor seeking steady income or a homeowner looking to live in one unit while renting out the others to cover most, if not all, of the mortgage. Whether you're looking to expand your rental portfolio, increase your Airbnb income, or find a home that pays for itself, this property is a rare find that delivers on all fronts. Its thoughtful updates, flexible layout, and impressive income potential make it a must-see opportunity. $3,000 Carpet allowance.

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Wyoming MLS logo Disclaimer: Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The data relating to real estate on this web site comes in part from the Wyoming MLS Internet Data Exchange Program. Real estate listings held by brokerage firms other than the listing office named are marked with the Wyoming MLS IDX logo and detailed information about them includes the name of the listing broker. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-12-08T19:27:32.253.
www.houckteam.com/homes/158120673
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1236 S Chestnut Street Casper, WY 82601

  • Price: $525,000
  • Status: Active
  • On Site: 16 Days
  • Updated: 27 min ago
  • MLS #: 20245670
0
Beds
0
Baths
0
½ Baths
0.15
Acres
3,522
SQFT
$149
$/SQFT
1917
Built
Neighborhood:
Casper
County:
Natrona
Area:
Casper Central
Property Description
This updated property offers an incredible opportunity for both investors and homeowners looking for a versatile, income-generating home. Currently operating as a successful Airbnb, it generates approximately $6,000 in gross monthly income, making it an excellent addition to any real estate portfolio. The entire building has been tastefully updated with newer luxury vinyl plank flooring throughout, ensuring a modern look and easy maintenance, with no carpet to worry about. The main floor welcomes you with a spacious layout that includes two bedrooms, one bathroom, a large living room, and a kitchen with dining space perfect for entertaining. A dedicated laundry room adds to the convenience for long-term residents or guests. Upstairs, the upper unit impresses with three bedrooms, one bathroom, and a beautifully updated kitchen featuring a large island. The kitchen opens into a cozy living room, making it a comfortable and stylish space for gathering. The basement unit adds even more value, with two additional bedrooms, one bathroom, a massive kitchen, a large living room, and a dining area. Its generous layout makes it perfect for hosting larger groups or long-term tenants. The property's R4 zoning provides additional opportunities to maximize its potential. A studio apartment in the garage has already been stubbed out for a kitchen and bathroom, offering the option to complete the space for even more income or flexibility. This property is perfect for an investor seeking steady income or a homeowner looking to live in one unit while renting out the others to cover most, if not all, of the mortgage. Whether you're looking to expand your rental portfolio, increase your Airbnb income, or find a home that pays for itself, this property is a rare find that delivers on all fronts. Its thoughtful updates, flexible layout, and impressive income potential make it a must-see opportunity. $3,000 Carpet allowance.
Exterior Features

Construction Existing-has been lived in Construction Type Wood Frame Exterior Frame-Lap Exterior Extras Storage ShedDeckPatio Fence Wood Foundation Concrete Foundation Sq Ft 1232 Garage Carport Garage Off Street Parking Yes Off Street Parking Spaces 6 Roof Architectural Style 2 Story Unit1 Garage 1 Unit2 Garage 0

Interior Features

Appliances DishwasherMicrowaveRange/OvenRefrigerator Cooling Evaporative Window Heating Forced Air Gas Interior Extras Garage Door OpenersFurnished Laundry Hook Ups Unit1 Baths 1 Unit1 Bedrooms 3 Unit1 Sq Ft 2000 Unit2 Baths 1 Unit2 Bedrooms 2 Unit2 Sq Ft 2000 Unit3 Baths 1 Unit3 Bedrooms 2 Unit3 Sq Ft 1232

Property Features

Annual Electricity Expense 1440 Annual Expense 0 Annual Gas Expense 1572 Annual Income 72000 Annual Insurance Expense 3500 Annual Management Fees 0 Annual Misc Expense 0 Annual Net Income 63852 Annual Supplies Expense 820 Annual Trash Expense 0 Annual Water Expense 816 Electric City Foreclosure No Gas Natural Handicap Accessible No Lot Sq Ft And Dimensions 6500 Management Owner Monthly Income 6000+ Multifamily Type Tri-Plex Owner Pays Garbage RemovalGasWater Separate Electric Yes Separate Gas No Separate Sewer No Separate Water No Sewer City Short Sale No Tax Year 2023 Taxes 2269 Tenant Pays Electricity Unit1 Rent 2000 Unit2 Rent 2000 Unit3 Rent 2000 Water City Zoning R4

Wyoming MLS logo Listing information © 2024 Wyoming Multiple Listing Service. Listing provided courtesy of eXp Realty, LLC: 307-200-3288.
Wyoming MLS logo Disclaimer: Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The data relating to real estate on this web site comes in part from the Wyoming MLS Internet Data Exchange Program. Real estate listings held by brokerage firms other than the listing office named are marked with the Wyoming MLS IDX logo and detailed information about them includes the name of the listing broker. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2024-12-08T19:27:32.253.
 
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The Michael Houck Real Estate Team
627 W. Yellowstone
Casper WY, 82601