$550,000 Price Analysis    ♡   Lincoln, NE 68502 11 bed 5 bath 907 SqFt ($606/SqFt) 7,100SqFt lot. Built 1985 Listed 2024-04-04, Taxes $4,554 | Ⓧ USDA Ineligible due to location near Lincoln |
Prime investment opportunity!
* Sale Pending *Fully renovated five-plex featuring 4 two-bedroom units and 1 three-bedroom unt, all-electric with separate water heaters. Updates include roof, HVAC, deck, electrical, garage doors, flooring and appliances.
On-site coin laundry. 4 garage spaces - 2 built-in, 2 detached accessible from alley. Prime downtown and UNL campus location. Ideal for investors seeking minimal maintenance and appreciating market rents. Seller is the listing age nt.
Presented by Zach Schreiber at
Arrow Brokerage.
Property MLS #22407802 from GreatPlainsRegional
Heating Fuel: Electric
Lot Size Dimensions: 50 x 142
Lot Size Square Feet: 7100
Garage Description: Built-In, Detached
Parking Total: 5
Calculated Total Monthly Association Fees: 0
High School: Lincoln High
Middle School: Park
School District: Lincoln
Map directions Map directions Map directions Map directionsBedrooms in Unit-1: 3
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Bedrooms in Unit-5: 2
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Full Bathrooms in Unit-4: 1
Full Bathrooms in Unit-5: 1
Unit-1 Square Feet: 907
Unit-2 Square Feet: 747
Unit-3 Square Feet: 747
Unit-4 Square Feet: 747
Unit-5 Square Feet: 747
Unit 1 Total Actual Rent: 1065
Unit 2 Total Actual Rent: 965
Unit 3 Total Actual Rent: 975
Unit 4 Total Actual Rent: 925
Unit 5 Total Actual Rent: 860
Source Listing Status: Pending
County: Lancaster
Directions: Consult GPS
Tax Year: 2023
Source Property Type: Multi-Family
Source Neighborhood: MF Central Lincoln, Near South
Number of Separate Electric Meters: 5
Number of Separate Gas Meters: 1
Ownership Type: Fee Simple
Parcel Number: 10-35-204-018-000
Subdivision: MF Central Lincoln, Near South
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $204,500 + $37,500 $242,000 | $4,554 |
| 2021 | $265,000 + $37,500 $302,500 | $5,703 |
| 2020 | $150,600 + $37,500 $188,100 | $3,594 |
| 2019 | $150,600 + $37,500 $188,100 | $3,594 |
| 2018 | $150,600 + $37,500 $188,100 | $3,610 |
| 2017 | $176,400 + $37,500 $213,900 | $4,143 |
| 2016 | $176,400 + $37,500 $213,900 | $4,165 |
| 2015 | $176,400 + $37,500 $213,900 | $4,136 |
| 2014 | $163,500 + $27,000 $190,500 | $3,705 |
| 2013 | $163,500 + $27,000 $190,500 | $3,723 |
| 2012 | $163,500 + $27,000 $190,500 | $3,711 |
| 2010 | $164,700 + $27,000 $191,700 | $3,826 |
| 2009 | $164,700 + $27,000 $191,700 | $3,856 |
| 2009 | $164,700 + $27,000 $191,700 | $3,856 |
| 2008 | $179,400 + $27,000 $206,400 | $4,188 |
| 2007 | $unknown + $unknown $206,400 | $4,146 |
$550,000
GreatPlainsRegional
Sold 2023-02-17
$475,000
Public Record
Sold 2021-01-08
$400,000
Public Record
Sold 2019-10-04
$475,000
Public Record
Sold 2018-12-21
$219,000
LincolnNE
Sold 2017-05-12
$190,000
Public Record
Year Built: 1985
Foundation Details: Poured Concrete
Property Age: 39
Levels or Stories: Two
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.