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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.
    141 days
    on Zillow
    |
    338
    |
    13
    |

    Zillow last checked: 7 hours ago

    Listing updated: December 09, 2024 at 10:07pm

    Listed by:

    Kirk Bennett 312-972-6663,

    Byowner.com

    Source: GPRMLS,MLS#: 22430471MLS Logo
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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    Heating
    • Electric, Wall Furnace
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Range - Cooktop + Oven, Refrigerator, Water Softener
    Features
    • Basement: Walk-Out Access
    • Has fireplace: No
    Interior area
    • Total structure area: 11,628
    • Total interior livable area: 11,628 sqft

    Property

    Parking
    • Parking features: No Garage
    Features
    • Levels: Two
    • Patio & porch: Enclosed Porch
    • Fencing: None
    Lot
    • Size: 7,000.09 Square Feet
    • Dimensions: 50' x 140'
    • Features: Over 1/4 up to 1/2 Acre, Corner Lot
    Details
    • Parcel number: 010142576

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Concrete Perimeter
    • Roof: Flat,Other
    Condition
    • Not New and NOT a Model
    • New construction: No
    • Year built: 1917

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: SECOND ADD
    HOA
    • Has HOA: No
    Location
    • Region: Scottsbluff

    Financial & listing details

    • Price per square foot: $56/sqft
    • Annual tax amount: $6,743
    • Date on market: 12/5/2024
    • Listing terms: Cash,Private Financing Available
    • Ownership: Fee Simple
    • Total actual rent: 1775
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