Description
Investment Opportunity: Duplex with Income Potential This charming duplex presents a unique investment opportunity with a blend of vintage character and recent updates. Located in Rawlins Wy, right off of Spruce st, this property offers two distinct living spaces, ideal for maximizing rental income or owner-occupancy with rental income. Unit 1: Vintage Charm with Modern Comforts (3 Bed/2 Bath) Step into the character of a 1932 build with this partially updated three-bedroom, two-bathroom home. This unit features: Spacious layout with original details, newer carpet and vinyl flooring in basement with new shower upstairs. Smaller upstairs 3rd bedroom could be used as an office. New furnace 10/23, ensuring efficient heating. Basement has a non-conforming bedroom, offering additional flexible space. Unit 2: Cozy Studio Living (1 Bed/1 Bath) Built in 1950, this 540sq ft studio-style unit offers a compact and efficient living space. It features: Natural Hardwood flooring, larger kitchen, and Private access. Property Highlights: Desirable location with convenient access to I80, downtown amenities, family dollar, fuel stations and car wash, etc. Strong cash flow with two separate units. Opportunity for value appreciation through strategic updates. Important Notes: The property likely requires some electrical and window upgrades. This provides a fantastic opportunity for the new owner to customize and increase value. The basement bedroom in Unit 1 is non-conforming, and would need proper egress to be counted as an extra bedroom. Buyer must agree to honor current tenant leases through the terms of their lease. This duplex is an ideal investment for those seeking a property with immediate income potential and the opportunity to further enhance value. This property is also zoned Commercial. Owner is a Wyoming Licensed Real Estate Broker and Listing Agent. Call us today 307-223-2248, or the Realtor of your choice!
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0BEDS
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0.11ACRES
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0BATHS
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01/2 BATHS
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1,395SQFT
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$135$/SQFT
School Ratings & Info
Description
Investment Opportunity: Duplex with Income Potential This charming duplex presents a unique investment opportunity with a blend of vintage character and recent updates. Located in Rawlins Wy, right off of Spruce st, this property offers two distinct living spaces, ideal for maximizing rental income or owner-occupancy with rental income. Unit 1: Vintage Charm with Modern Comforts (3 Bed/2 Bath) Step into the character of a 1932 build with this partially updated three-bedroom, two-bathroom home. This unit features: Spacious layout with original details, newer carpet and vinyl flooring in basement with new shower upstairs. Smaller upstairs 3rd bedroom could be used as an office. New furnace 10/23, ensuring efficient heating. Basement has a non-conforming bedroom, offering additional flexible space. Unit 2: Cozy Studio Living (1 Bed/1 Bath) Built in 1950, this 540sq ft studio-style unit offers a compact and efficient living space. It features: Natural Hardwood flooring, larger kitchen, and Private access. Property Highlights: Desirable location with convenient access to I80, downtown amenities, family dollar, fuel stations and car wash, etc. Strong cash flow with two separate units. Opportunity for value appreciation through strategic updates. Important Notes: The property likely requires some electrical and window upgrades. This provides a fantastic opportunity for the new owner to customize and increase value. The basement bedroom in Unit 1 is non-conforming, and would need proper egress to be counted as an extra bedroom. Buyer must agree to honor current tenant leases through the terms of their lease. This duplex is an ideal investment for those seeking a property with immediate income potential and the opportunity to further enhance value. This property is also zoned Commercial. Owner is a Wyoming Licensed Real Estate Broker and Listing Agent. Call us today 307-223-2248, or the Realtor of your choice!
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: 2025-02-16T16:27:00.227.