Fix and flip, invest as a three-unit rental, live in one unit and rent out the other two – the possibilities are endless! Priced to move at $140,000!
Opportunities like this don’t come along often in Riverton! At 1119 E Fremont Avenue, you’ll find a property that combines flexibility, income potential, and room for improvement. The property includes three separate homes located on one city lot. Each unit has its own utility meter, which makes management straightforward and helps keep operating costs predictable. For landlords, separate metering can make a big difference when it comes to long-term rental efficiency.
There is some fresh paint and updated flooring, which gives the property a head start. The remaining spaces still offer room for updates, allowing a new owner to add value through improvements over time.
This setup opens the door to several possibilities. An investor could renovate the remaining units and create three long-term rentals in one location. Another option could be living in one unit while renting the others to help offset the mortgage. Some buyers may even see potential for short-term rental opportunities depending on their goals.
Properties with multiple homes on one lot are uncommon, especially within city limits. That combination of location and income potential makes this property worth a closer look.
If you’re exploring ways to grow your rental portfolio or start investing in real estate, 1119 E Fremont Avenue deserves your attention. Visit the listing page to get more details, then contact Your Hometown Realtors at 307-856-3999 to schedule a private showing!
Key Features:
- Number of Units: 3
- Total Bedrooms: 4
- Total Baths: 3
- Total Square Ft: 1,445
- Lot Size: .16 Acres
- Year Built: 1949