110 E Hwy 20 Cody, NE 69211

NEW LISTING

1 Bed/1 Bath I 2 Bed/1 Bath I 1,048 sq. ft. 

This is the former location of the historic Cowboy Filling Station on the east side of Cody, NE along Highway 20. Situated on almost ¾ of an acre is a 1,048sqft apartment building featuring a 1 bedroom/1 bath and a 2 bedroom/1 bath. The two-bedroom includes a refrigerator, stove, and stackable washer/dryer and new flooring has been recently installed throughout. The one-bedroom does not include any appliances and is move-in ready. Many improvements have been made to the 1930 structures over the years. Originally there were two separate buildings that were combined in previous years. Most recently the exterior has been freshly painted and there have been several interior updates as well as windows and a metal roof installed. The 810sqft old station remains in disrepair, but history was documented when it was majorly renovated in 1940. A basement was put under the building and it was turned so that it faced the west and south. It was noted that an attractive front was being completed and a new electric pump and neon sign would be installed. Although the station has been closed for many years, the location is ideal at the town limits for unlimited ventures. The apartments are a great investment opportunity with limited lodging and/or rental options along the 90 mile stretch from Valentine to Gordon, NE.  

Property Taxes/2023: $827.98

Previous Rental Income: $400/mo per unit plus 40% monthly electric for 1 BR and 60% monthly electric for 2 BR

Utilities: Water/Sewer/Trash paid by Owner