For sale
  • $650,000

    1424 4th Ave, Scottsbluff, NE 69361

    3beds
    --baths
    11,628sqft
    : 
    Multi Family
    Built in 1917
    -- sqft lot
    $-- Zestimate®
    $56/sqft
    $-- HOA

    What's special

    All-brick exterior
    This well-maintained 12-unit property offers a diverse mix of units: six 1-bed/1-bath, four 2-bed/1-bath, and two 2-bed/2-bath apartments. Constructed with an all-brick exterior, the building ensures low-maintenance costs and durability. Boasting a consistent history of 100% long-term occupancy, this property delivers a remarkable ROI of 12-15%. Its prime location supports steady demand, sitting just 3 hours north of Denver, CO, 1 hour from Cheyenne, WY—home to the famous Frontier Days—and 3 hours from South Dakota’s Black Hills tourism. Rental incomes available upon request. The local economy is bolstered by thriving nursing and radiology colleges, a Trauma II hospital, and community colleges. This steady market provides insulation from typical real estate fluctuations. Whether you're a seasoned investor or looking for a stable, high-yield opportunity, this multi-family property is a reliable asset in a growth-driven region.
    216 days
    on Zillow
    |
    271
    |
    8
    |
    • Loading
    • Loading