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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

    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.

    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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    An equal housing lender. NMLS #10287.