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5907 Townsend Pl

Cheyenne, WY 82009
  • $700,000
  • STATUS: Active
  • ON SITE: 47 Days
  • MLS #: 99357
$700,000
  • 0
    BEDS
  • 0.54
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,294
    SQFT
  • $163
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1929
County:
Area:

School Ratings & Info

Description

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%, depending on rental mix and management. Additional improvements include a detached 1-car garage, mature trees for privacy, and ample space for future development or expansion. Located near schools, retail, and services, this property combines strong rental demand, zoning flexibility, and income diversification—an increasingly scarce asset class.

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[Cheyenne Board of Realtors] logo© 2026 Cheyenne MLS. All rights reserved. Search Results are produced though the Cheyenne MLS IDX Database. Real estate listings held by brokerage firms other than this firm are marked with the IDX logo and includes the name of the listing brokers. The information relating to real estate for sale on this web site comes from the Cheyenne MLS IDX database and is deemed reliable but not guaranteed. Copyright 2026 Cheyenne MLS. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Wyoming Real Estate Group. Data last updated: 2026-02-07T23:52:14.963.
www.wyomingproperties.com/homes/171545631
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5907 Townsend Pl Cheyenne, WY 82009

  • Price: $700,000
  • Status: Active
  • On Site: 47 Days
  • MLS #: 99357
0
Beds
0
Baths
0
½ Baths
0.54
Acres
4,294
SQFT
$163
$/SQFT
1929
Built
Neighborhood:
Cottages North
County:
Laramie
Area:
Laramie
Property Description
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%, depending on rental mix and management. Additional improvements include a detached 1-car garage, mature trees for privacy, and ample space for future development or expansion. Located near schools, retail, and services, this property combines strong rental demand, zoning flexibility, and income diversification—an increasingly scarce asset class.
Exterior Features

Construction Other Exterior Features DeckPatioLawn SprinklersFence Garage Carport Garage(s) Lot Size 23399 Roof Composition/Asphalt Style 1 STORY

Interior Features

Appliances DishwasherMicrowaveRange/Oven Heating System Hot WaterRadiant Interior Features Cable AccessFire Place Laundry Washer/Dryer Included Sq Ft Basement 672 Sq Ft First Level 3622

Property Features

Deed Transfer By General Warranty Management Owner Miscellaneous Lead Paint DiscAssoc Docs in Paragon Multifamily Type Duplex Owner Pays None Proposed Financing CashConventional Sewer City Sewer Tax Year 2024 Taxes 3315.87 Tenant Pays ElectricityGarbage RemovalGasWater Water Private WellPublic (City) Water

[Cheyenne Board of Realtors] logo Listing courtesy of Coldwell Banker, The Property Exchange: 307-632-6481. © 2026 Cheyenne MLS. Information Deemed Reliable but Not Guaranteed by the Cheyenne MLS. Real estate listings held by brokerage firms other than this firm are marked with the IDX logo and includes the name of the listing brokers.


[Cheyenne Board of Realtors] logo© 2026 Cheyenne MLS. All rights reserved. Search Results are produced though the Cheyenne MLS IDX Database. Real estate listings held by brokerage firms other than this firm are marked with the IDX logo and includes the name of the listing brokers. The information relating to real estate for sale on this web site comes from the Cheyenne MLS IDX database and is deemed reliable but not guaranteed. Copyright 2026 Cheyenne MLS. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Wyoming Real Estate Group. Data last updated: 2026-02-07T23:52:14.963.
 
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Wyoming Real Estate Group
502 E. Grand Avenue
Laramie WY, 82070