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106 MORNING STAR Drive
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$1,995,000 | Status: Pending Contingent

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Welcome to a fantastic investment opportunity in the charming Town of Alpine! This fully occupied 11-plex, set on a generous .89 acres, combines convenience and potential for growth. The original building, constructed in 1971 and thoughtfully remodeled in 2003, offers low maintenance siding and all electric units. An additional building, completed in 2005, expands the property's potential and enhances rental income. With some units being updated as tenants vacate, there's an excellent opportunity to increase property value over time. The small tool shed on site adds practicality for maintenance needs. Location is key, and this property shines with its easy walking access to local amenities, including a restaurant, library, post office, and scenic hiking trails. Whether you're looking

Property Details


Lot Size Area: 0.89
Property Class: MultiFamily
Property Sub Type: Multi-Family
Acres: 0.89
Zoning: Mixed Use
Property Features: Electric to Property, No CC&R's, On Paved Road, ST Rentals Allowed, Year Round Access,
View: Mountain View, Valley View,

Building Features


Building Area Total: 6624
Electric On Property: 1
Garage Spaces: 0
Total Bathrooms Source: MLS
Year Built: 1971
Listing Information: Non-Public: No
Last Major Remod: 2005
Garage Type: None
# Stalls: 0
Off Street Parking: Yes
# Off St. Spaces: 10+
Horses Allowed: No
Location, Legal & Taxes: Association Fee Frequency: Annually
Occupant: Renter - Long Term: 1
Water: Public
Sewer: Public
Basement: None
Construction: Stick and/or Log
Exterior: Vinyl
Interior Trim: Mixed: 1
Exterior Trim: Mixed: 1
Roof: Comp Shingle: 1
Air Conditioning: None: 1
Fuel Type: Electric: 1
Heat: Baseboard
Water Softener: None: 1
Driveway: Gravel: 1

Pricing


List Price: $1,995,000.00
Major Change Timestamp: 2024-10-09T21:47:39Z
Major Change Type: Status Change
Mls Status: Pending Contingent
Modification Timestamp: 2024-10-09T21:48:02Z
On Market Date: 2024-10-02T13:52:55Z
Original On Market Timestamp: 2024-10-02T13:52:55Z

Expenses


Association Fee: 0
Tax Amount: 4417.4
Tax Year: 2024
Ann. HOA Fee $: 0
Taxes: 4417.4
Possession: Upon Recording

Location


City: Alpine
County Or Parish: Lincoln
MLS Area Major: 11A - North Star Valley, Lincoln County
Parcel Number: 37182930201300
Subdivision Name: None
Address: 106 MORNING STAR Drive, Alpine, WY 83128
Legal Description: PALISADES HGTS L 09 TOTAL 38768 SQFT T37 R118 S29, Lincoln County, Wyoming
Listing Office: Keller Williams Jackson Hole


Property Video

https://youtube.com/shorts/5k88a9Za5vE?feature=share

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