Quality 9 plex with 8 2 BR, 1 BA units (849 s.f.) and 1 1 BR, 1 BA unit (719 s.f.). New bathrooms in most, new kitchens in 4 units. 8 units have newer electric furnaces and A/C units. 2 units vacant right now for showing. Owner has kept rents low as he prefers quality tenants with higher credit scores and better references. Rents could easily be $750 or more. Cap rate just over 5% with current rents. Currently rented by property management company. Do some of your own maintenance and save big money! Opportunity knocks for a savvy investor. Roof new in 2014, HVAC updated w/ electric furnaces except #15, which still has a 2003 gas furnace. Hot water provided by owner. Coin op washers are new, dryers newer. 9 off street parking stalls. This is a very nice building.
Off market
$890,500
920 S 22nd St, Lincoln, NE 68510
2beds
0baths
7,644sqft
MultiFamily
Built in 1977
-- sqft lot
$890,500 Zestimate®
$116/sqft
$1,152 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 0
Heating
- Forced air, Other
Cooling
- Other
Appliances
- Included: Dishwasher, Range / Oven, Refrigerator
Interior area
- Total interior livable area: 7,644 sqft
Property
Parking
- Parking features: Off-street
Features
- Exterior features: Wood
Lot
- Size: 9,148 sqft
Details
- Parcel number: 1025411004000
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1977
Community & neighborhood
Location
- Region: Lincoln
Other
Other facts
- Cooling System: Air Conditioning
- Living room
Services availability

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