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This versatile North East Laramie property offers a compelling opportunity for investors and owner-occupants alike. Whether you're looking to live in one unit while generating passive income, or easily convert the residence back into a single family home, this split level property is poised to deliver. The upper unit, currently owner occupied, has been meticulously renovated to a high standard. It features modern white tiled finishes, sleek gray laminate flooring, and a contemporary kitchen that will appeal to discerning tenants or a new owner. This unit also enjoys exclusive access to the spacious backyard, complete with a brand new Trex deck. The upper unit is available furnished, if desired. The lower, garden level unit is a consistent income generator, currently rented for $1,100 per month. This self contained unit offers privacy and convenience with its kitchen, bathroom, and laundry facilities. This unit has a separate access via the garage. The original stairs that connect the two units are still in place behind a sealed wall. The seller is not aware of the current condition of these stairs and does not provide any warranty on their condition. While not recently updated, this unit is clean, well maintained, and offers excellent potential for future renovation. Beyond the robust rental streams and flexible floor plan, this home has been well maintained with key updates including a new 50 gallon water heater, a roof updated in 2022, and siding done in 2019. The property boasts a strategic location in the desirable Indian Paintbrush neighborhood. Residents will appreciate immediate access to extensive walking paths, proximity to Laramie's midtown shopping district, and the local golf course. The seller offers flexibility for a fast closing, making this a desirable and streamlined acquisition. For a complete look at the floor plan, please visit the virtual tour: https://my.matterport.com/show/?m=nhuXQG7KUGW For more details on the investment potential, to discuss capitalization rates, or to schedule a private viewing, please visit the property website: https://immersivephotography.hd.pics/4222-E-Grays-Gable-Rd or get in touch with Arianna Van Fleet at Prism Real Estate Solutions at 307-761-3160.
| DAYS ON MARKET | 36 | LAST UPDATED | 9/5/2025 |
|---|---|---|---|
| TRACT | INDIAN RDG 1ST | YEAR BUILT | 1978 |
| COMMUNITY | North-East Laramie | GARAGE SPACES | 1.0 |
| COUNTY | Albany | STATUS | Pending |
| PROPERTY TYPE(S) | Multi Family |
| School District | Indian Paint Brush |
|---|
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Cooktop, dishwasher, Refrigerator |
| AREA | North-East Laramie |
| BASEMENT | Finished, Yes |
| GARAGE | Yes |
| HEAT | Forced Air |
| LOT | 6534 sq ft |
| PARKING | Attached |
| STYLE | Split Level |
| SUBDIVISION | INDIAN RDG 1ST |
| TAXES | 1999 |
| UTILITIES | Natural Gas Available |
| WATER | Public |
| ZONING | Single-Family Residential |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Arianna Van Fleet, Prism Real Estate Solutions
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