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Key Details
Sold Price $120,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Original Lincoln
MLS Listing ID 22414262
Sold Date 08/09/24
Construction Status Not New and NOT a Model
HOA Y/N No
Year Built 1910
Annual Tax Amount $3,536
Tax Year 2023
Lot Dimensions 63x100
Property Description
Incredibly unique and very cool historic, all brick multifamily is ready for your remodel. Tremendous opportunity to turn into a fantastic investment property. Property has been a “boarding house” and was neglected by the previous owner but has potential for a variety of configurations. Property has been rented as a boarding house with up to 12 rooms rented out between $250- $350 per room/apartment. Property does have a ton of potential but needs major renovations. The property is absolutely prime for redevelopment. In the heart of the Near South neighborhood, close to downtown, schools, and restaurants all within walking distance. Three floors and over 6,700 square feet of income producing potential! Serious inquiries only please. As-is sale, seller to make no repairs.
Location
State NE
County Lancaster
Area Lancaster
Interior
Heating Forced Air
Heat Source Gas
Exterior
Parking Features None
Fence None
Building
Lot Description Up to 1/4 Acre.
Foundation Concrete Block
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 Everett
Middle Schools Park
High Schools Lincoln High
School District Lincoln
Others
Tax ID 10-26-410-001-000
Ownership Fee Simple
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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Bought with Nebraska Realty
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