Located on Alger Avenue in Cody, this tenant-occupied property offers strong long-term potential due to its location, walkability, and zoning flexibility. The home is being sold as-is and may appeal to buyers planning updates, redevelopment, or alternative residential use. The existing residence includes 2 bedrooms, 1 bathroom, and approximately 934 square feet, along with a greenhouse/garden structure and an additional storage area. While the home provides immediate residential use, much of the value is attributed to the lot, location, and R-3 zoning. The surrounding area has seen ongoing reinvestment, with older homes along Alger Avenue being renovated or replaced by newer construction, reflecting the desirability of this close-to-downtown location. The property is zoned R-3 (Medium-High Density Residential), allowing for a variety of residential configurations, including additional dwelling units, duplex or multi-family residential use, and modular construction, subject to city requirements and approvals. This zoning also supports future development concepts such as a new primary residence with a guest house and garage, or other residential redevelopment consistent with city standards. Buyer to verify zoning, allowable uses, and development requirements with the City of Cody. Showings are subject to tenant approval. Please provide ample notice for all showing requests. Tenant is on a Month to Month lease and is willing to vacate if required.