4222 E Grays Gable Rd, Laramie, WY 82072 (MLS # 250755)

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PRICE $399,000 dsIDX morgage calculator
BEDS 4
BATHS 2
HOME SIZE 1,792 sqft
LOT SIZE 6,534 sqft

This exceptional split-level property offers a compelling opportunity for investors seeking strong current and projected rental income. Thoughtfully designed with a dual-unit configuration, this property is poised to deliver impressive returns. 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. This unit also enjoys exclusive access to the spacious backyard, complete with a brand-new Trex deck, perfect for outdoor living. Once vacant, this unit is projected to command a rental income of approximately $1,600 to $1,700 per month, significantly boosting the property's overall cash flow. 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 own kitchen, bathroom, and laundry facilities. Tenants in the lower unit benefit from exclusive access to the garage and driveway. While not recently updated, this unit is clean, well-maintained, and consistently occupied, ensuring reliable passive income. For added peace of mind, a brand-new water heater has been installed. Beyond the robust rental streams, this property boasts a strategic location in the desirable Indian Paintbrush neighborhood. Residents will appreciate immediate access to extensive walking paths, close proximity to Laramie's midtown shopping district, and the local golf course, further solidifying its investment value. The seller offers flexibility for a fast closing, making this a truly attractive and streamlined acquisition. This turnkey investment is marketed by Prism Real Estate Solutions. For a detailed pro forma, to discuss potential capitalization rates, or to schedule a private viewing, please contact 307-761-3160.

DAYS ON MARKET 213 LAST UPDATED 11/17/2025
TRACT INDIAN HILLS YEAR BUILT 1978
COMMUNITY North-East Laramie GARAGE SPACES 1.0
COUNTY Albany STATUS Pending
PROPERTY TYPE(S) Single Family

SCHOOLS
School District Indian Paint Brush


ADDITIONAL DETAILS
AIR Ceiling Fan(s)
AIR CONDITIONING Yes
APPLIANCES dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer
AREA North-East Laramie
BASEMENT Finished, Yes
FIREPLACE Yes
GARAGE Yes
HEAT Electric, Forced Air, Natural Gas
INTERIOR Eat-in Kitchen
LOT 6534 sq ft
PARKING Attached
STYLE Split Entry
SUBDIVISION INDIAN HILLS
TAXES 1999
UTILITIES Cable Available, Natural Gas Available
WATER Public
ZONING Single-Family Residential
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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CONTACT US ABOUT 4222 E GRAYS GABLE RD
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Listed with Arianna Van Fleet, Prism Real Estate Solutions

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