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$760,000
2 Beds
1 Bath
5,936 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family 4+
Listing Status Pending
Square Footage 5,936 sqft
Subdivision Wy
MLS Listing ID 20255361
Style 2 Story
Bedrooms 2
Year Built 1984
Annual Tax Amount $4,680
Lot Size 0.880 Acres
Acres 0.88
Property Sub-Type Multi-Family 4+
Property Description
This multi-family investment opportunity is located in Basin, Wyoming, within Big Horn County. Featuring 12 apartment units housed in 2 all-brick exterior structures, this property offers durable construction with low maintenance requirements. There are 4 1-bedroom apartments and 8 2-bedroom apartments. The building sits on well-maintained, landscaped grounds and benefits from paved access and connection to city utilities. Each unit in the building is separately metered, encouraging tenant accountability and simplifying utility management for the owner. The layout and configuration are designed to maximize occupancy and provide consistent rental income. The surrounding area features a mix of residential and light commercial properties, offering tenants easy access to everyday necessities. Utilities, including water, sewer, and electricity, are connected through the city, eliminating the need for private infrastructure. Landscaping is already in place, providing a clean and orderly exterior environment with minimal maintenance required. The brick construction adds to the structural integrity of the building and helps moderate seasonal energy use. The region is known for its wide-open spaces and recreational opportunities, making it attractive to tenants who value outdoor activities such as hiking, fishing, and seasonal hunting in nearby public lands. While the property itself is not designated for recreational use, its location provides easy access to surrounding outdoor attractions. This property would be suitable for real estate investors looking to expand their rental portfolios, generate multi-family income, or explore potential redevelopment or upgrades. The demand for rental housing in rural Wyoming communities like Basin remains consistent, and the existing infrastructure offers a solid foundation for ongoing property management. Nearby towns include Greybull, WY (approximately 7 miles north) and Worland, WY (approximately 35 miles south), both of which offer additional commercial amenities, employment opportunities, and regional services. Cody, WY, known as a gateway to Yellowstone National Park, is located about 55 miles to the west. Basin is the county seat of Big Horn County and provides a central location with proximity to key towns in north-central Wyoming. The property is ideally situated for those seeking a residential income opportunity in a region with stable rental demand.
Location
State WY
County Big Horn
Area Bighorn County
Zoning General Residential
Interior
Heating Baseboard, Electric
Cooling None
Laundry Coin Operated
Exterior
Exterior Feature Brick
Parking Features None
Fence None
Roof Type T-Lock
Building
Foundation Concrete
Sewer City
Water City
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