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4942 Madison Avenue

Lincoln, NE 68508
  • $375,000
  • STATUS: Active
  • MLS #: 22423664
Price Reduced
$375,000
  • 8
    BEDS
  • 0.23
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 4,640
    SQFT
  • $81
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1887
County:
Area:

School Information

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

Description

Magnificent Mansion conversion to 4-plex with 4640 finished sqft & covered front porch on corner of large, double lot. Amazing investment opportunity one block from Wesleyan University! Fully rented for total of $4090/mo. Massive main floor 4-bed apartment rents by room to 4 tenants & boasts newer high-efficency furnace, hardwood floors, updated kitchen, huge family room area with gorgeous windows and built-ins; easy access to main floor laundry. 2nd Floor has 2 separate apartments - Apt #2 is super spacious 3 bed, beautifully remodeled; Apt #2A is big studio apartment with 3/4 bath; 3rd floor is huge 1+bed apartment. Main floor laundry for all units; off street and street parking. Multi MLS #22423667

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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 2024-10-05T23:33:41.21.
www.donpeterson.com/homes/155153573
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4942 Madison Avenue Lincoln, NE 68508

  • Price: $375,000
  • Status: Active
  • On Site: Days
  • MLS #: 22423664
8
Beds
4
Baths
0
½ Baths
0.23
Acres
4,640
SQFT
$81
$/SQFT
1887
Built
Neighborhood:
University Place
County:
Lancaster
Area:
Lancaster
Elementary School:
Riley
Middle School:
Dawes
High School:
Lincoln Northeast
School District:
Lincoln Public Schools
Property Description
Magnificent Mansion conversion to 4-plex with 4640 finished sqft & covered front porch on corner of large, double lot. Amazing investment opportunity one block from Wesleyan University! Fully rented for total of $4090/mo. Massive main floor 4-bed apartment rents by room to 4 tenants & boasts newer high-efficency furnace, hardwood floors, updated kitchen, huge family room area with gorgeous windows and built-ins; easy access to main floor laundry. 2nd Floor has 2 separate apartments - Apt #2 is super spacious 3 bed, beautifully remodeled; Apt #2A is big studio apartment with 3/4 bath; 3rd floor is huge 1+bed apartment. Main floor laundry for all units; off street and street parking. Multi MLS #22423667
Exterior Features

Acreage Range Up to 1/4 Acre. Exterior OtherSteel Siding Exterior Features Covered PatioExtra Parking SlabPatioPorchSeparate Entrance Fence Partial Garage Type Off-Street Parking Lot Description Corner LotIn CityLevelPublic Sidewalk Lot Dimensions 100x 142 Property Attached No Roof Type Composition Style 2.5 Story

Interior Features

Above Grade Sq Ft 4640 Appliances Included Range - Cooktop + OvenRefrigerator Basement Yes Basement Type FullUnfinishedWalkup Cooling Central AirWindow AC Finished Below Grade Sq Ft 0 Fireplaces 1 Foundation Brick/MortarConcrete Block Heating Fuel Gas Heating Type Forced Air Laundry Room Level Main Floor Main Floor Sq Ft 2364 Master Bedroom Level Main Floor Second Floor Sq Ft 1518 Third Floor Sq Ft 758

Property Features

Agent Has Equity No Architecture Victorian Assessments No Financing Terms Accepted CashConventional New Construction Not New and NOT a Model Ownership Type Fee Simple REO NO Residential Type Single Family Residence Senior Living Community No Sewer And Water Private SewerPublic Sewer Tax Amount 4505.08 Tax Year 2023 Taxes Partial Or Full Full

Listing information © 2024 Great Plains Regional MLS.
Listing provided by Gena Schriver of Nebraska Realty: M: 402-320-4663.


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 2024-10-05T23:33:41.21.
 
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