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Key Details
Sold Price $420,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,200 sqft
Price per Sqft $190
Subdivision University Place, Block 74, Lot 12
MLS Listing ID 22206153
Sold Date 04/12/22
Bedrooms 2
Full Baths 5
Half Baths 2
Construction Status Not New and NOT a Model
HOA Y/N No
Year Built 1976
Annual Tax Amount $5,415
Tax Year 2021
Lot Dimensions 50 x 141 | 50 x 141
Property Description
Multi-use investment property featuring 7 units (5 residential & 2 commercial). Fully rented. 5 Residential units include 2 one-bedroom and 3 efficiency/studio apartments on second level. 2 Commercial Retail Spaces on main level. ALL ELECTRIC units with separate electric meters, and separate HVAC. Tenants pay for Electricity; Owner pays for refuse & water. Professionally managed and maintained by management company. 10 stalls off street parking, corner lot, long term tenants on retail space. Call for income and expense reports; also see MLS attached documents. $4,000/mo Gross Income with no vacancy ($48,000/year). All units currently rented.
Location
State NE
Area Lancaster
Interior
Heating Forced Air
Heat Source Electric
Exterior
Parking Features None
Fence None
Building
Lot Description Up to 1/4 Acre.
Story Two
Foundation Poured Concrete
Lot Size Range Up to 1/4 Acre.
Sewer Public Sewer, Public Water
Water Public Sewer, Public Water
Construction Status Not New and NOT a Model
Schools
Elementary Schools Huntington
Middle Schools Dawes
High Schools Lincoln Northeast
School District Lincoln
Others
Tax ID 17-17-126-012-000
Ownership Fee Simple
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
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Bought with Casa Property Management