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511 W 6th St, Cheyenne, WY 82007

Cheyenne
Local realty services provided by:CENTURY 21 Bell Real Estate
511 W 6th St,Cheyenne, WY 82007
$799,000
  • - Beds
  • - Baths
  • 3,510 sq. ft.
  • Multi-family
  • Active
Listed by: nikki dishneau
Office: exp realty, llc.
MLS#:100645
Source:WY_CBOR

Price summary

  • Price:$799,000
  • Price per sq. ft.:$227.64

About this home

Rare opportunity to acquire a fully occupied, income-producing fourplex structured as four individually titled condominiums a setup that gives the buyer flexibility no standard fourplex can offer: hold all four, sell units individually to recoup equity, or finance each separately. All four leases run through August 31, 2026, providing guaranteed, predictable cash flow from day one. At lease renewal (September 1, 2026), rents are projected to increase: unit 513 from $1,300 to $1,400, and units 515/517 from $1,100 to $1,250, bringing total projected gross income to $63,600/year. HOA (Stanfield Addition B3L1 Condominium Association) is $300/month for 3BR units and $280/month for the 2BR unit. HOA covers building insurance, water, sewer, trash, reserve fund, and all exterior maintenance significantly simplifying the landlord role. The buyer becomes the sole board member of the association and has full control over dues and how they are spent. Seller has invested approximately $60,000 in...

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Home facts

  • Year built:1972
  • Listing ID #:100645
  • Added:27 day(s) ago
  • Updated:May 29, 2026 at 02:35 PM

Rooms and interior

  • Living area:3,510 sq. ft.

Heating and cooling

  • Heating:Gas Forced Air

Structure and exterior

  • Year built:1972
  • Building area:3,510 sq. ft.
  • Lot area:0.28 Acres

Utilities

  • Water:Public (City) Water
  • Sewer:City Sewer

Finances and disclosures

  • Price:$799,000
  • Price per sq. ft.:$227.64

Features and amenities

  • Amenities:Window Covering
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