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1135 Sumner Street

Lincoln, NE 68502
  • $279,000
  • STATUS: Active
  • MLS #: 22428878
UPDATED: 35 min ago
$279,000
  • 5
    BEDS
  • 0.18
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,540
    SQFT
  • $110
    $/SQFT
Type:
Single-Family Home
Built:
1905
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

This well maintained conversion triplex offers a fantastic investment opportunity with a monthly rental income of $2,475. Possibility of getting to $2600. The property features three distinct units, each with private entrances that maximize space and comfort. Each unit includes functional kitchen spaces, cozy living areas, and full bathrooms, making them highly attractive to tenants. Located in the near south neighborhood close to transit and schools, this triplex benefits from steady tenant demand. All units are occupied and have a year long leas. With minimal maintenance requirements and recent upgrades to key systems like new HVAC, Water heater, new roof with high impact shingles, foundation work with a 25 year transferable warranty, flooring, etc. This property is designed for effortless ownership and reliable cash flow. Whether youre a seasoned investor or just starting, this triplex offers a strong return on investment with room to grow in the future.

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Listing information © 2024 Great Plains Regional MLS. The information relating to real estate for sale on this website comes from the Internet Data Exchange program of the Great Plains Regional MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate by the MLS or Don Peterson & Associates. Data last updated 2024-12-02T13:34:10.293.
www.donpeterson.com/homes/157837068
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1135 Sumner Street Lincoln, NE 68502

  • Price: $279,000
  • Status: Active
  • On Site: Days
  • Updated: 35 min ago
  • MLS #: 22428878
5
Beds
3
Baths
0
½ Baths
0.18
Acres
2,540
SQFT
$110
$/SQFT
1905
Built
Neighborhood:
Dawsons Addition South Lincoln
County:
Lancaster
Area:
Lancaster
Elementary School:
Everett
Middle School:
Irving
High School:
Lincoln High
School District:
Lincoln Public Schools
Property Description
This well maintained conversion triplex offers a fantastic investment opportunity with a monthly rental income of $2,475. Possibility of getting to $2600. The property features three distinct units, each with private entrances that maximize space and comfort. Each unit includes functional kitchen spaces, cozy living areas, and full bathrooms, making them highly attractive to tenants. Located in the near south neighborhood close to transit and schools, this triplex benefits from steady tenant demand. All units are occupied and have a year long leas. With minimal maintenance requirements and recent upgrades to key systems like new HVAC, Water heater, new roof with high impact shingles, foundation work with a 25 year transferable warranty, flooring, etc. This property is designed for effortless ownership and reliable cash flow. Whether youre a seasoned investor or just starting, this triplex offers a strong return on investment with room to grow in the future.
Exterior Features

Acreage Range Up to 1/4 Acre. Exterior Features Porch Fence Wood Garage Type None Lot Description AlleyIn CityPublic Sidewalk Lot Dimensions 50' x 150. Property Attached Yes Style 2 Story

Interior Features

Above Grade Sq Ft 2000 Appliances Included DryerRange - Cooktop + OvenRefrigeratorWasher Basement Yes Basement Type Partially Finished Cooling Central Air Finished Below Grade Sq Ft 540 Fireplaces 0 Foundation Stone Heating Fuel Gas Heating Type Forced Air Laundry Room Level Below Grade Main Floor Sq Ft 1140 Primary Bedroom Level Main Floor Second Floor Sq Ft 860 Third Floor Sq Ft 0

Property Features

Agent Has Equity No Assessments No Current Rent Price 2475 Financing Terms Accepted CashConventionalFHA New Construction Not New and NOT a Model Ownership Type Fee Simple REO NO Residential Type Triplex Senior Living Community No Sewer And Water Public SewerPublic Water Tax Amount 4282.38 Tax Year 2024

Listing information © 2024 Great Plains Regional MLS.
Listing provided by Matt Schulte of Launch Realty, LLC: .


Listing information © 2024 Great Plains Regional MLS. The information relating to real estate for sale on this website comes from the Internet Data Exchange program of the Great Plains Regional MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate by the MLS or Don Peterson & Associates. Data last updated 2024-12-02T13:34:10.293.
 
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