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5907 Townsend Pl, Cheyenne, WY 82009

Local realty services provided by:CENTURY 21 Bell Real Estate
5907 Townsend Pl,Cheyenne, WY 82009
$700,000
  • - Beds
  • - Baths
  • 4,294 sq. ft.
  • Multi-family
  • Active
Listed by: jon pietsch
Office: coldwell banker, the property exchange
MLS#:99357
Source:WY_CBOR

Price summary

  • Price:$700,000
  • Price per sq. ft.:$163.02

About this home

Mixed-Use Commercial Property with Multiple Income Streams | 5%+ Return Potential This commercially zoned mixed-use property presents a compelling opportunity for investors seeking stable cash flow, flexible use, and long-term upside. Situated on a fully fenced ½-acre lot with city water and two irrigation wells, the property supports a variety of residential and commercial income strategies. The primary log home offers 4 bedrooms and 4 bathrooms and was expanded and remodeled in 2005, making it suitable for long-term rental, executive housing, or owner-occupant use. Interior features such as a fireplace and wood stove enhance tenant appeal and durability. A key value driver is the 20x30 detached, commercially zoned outbuilding with its own kitchen, allowing for separate leasing as office space, studio, short-term rental, or auxiliary dwelling (buyer to verify use). This structure enables dual-income or hybrid live/work configurations, supporting projected returns exceeding 5%,

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Home facts

  • Year built:1929
  • Listing ID #:99357
  • Added:52 day(s) ago
  • Updated:January 24, 2026 at 03:51 PM

Rooms and interior

  • Living area:4,294 sq. ft.

Heating and cooling

  • Heating:Hot Water, Radiant

Structure and exterior

  • Year built:1929
  • Building area:4,294 sq. ft.
  • Lot area:0.54 Acres

Utilities

  • Water:Private Well, Public (City) Water
  • Sewer:City Sewer

Finances and disclosures

  • Price:$700,000
  • Price per sq. ft.:$163.02
  • Tax amount:$3,316
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