Skip To Content

4942 Madison Avenue

Lincoln, NE 68508
  • $375,000
  • STATUS: Active
  • MLS #: 22423667
UPDATED: 68 min ago
$375,000
  • 0
    BEDS
  • Up to 1/4 Acre.
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1887
County:
Area:

School Information

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

Description

Check out this Magnificent Mansion conversion to 4-plex with 4640 finished sqft & covered front porch on large, corner double lot. Amazing investment opportunity across street 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, gorgeous windows and built-ins; several bonus sinks; easy access to main floor laundry. 2nd Floor has two separate apartments = Apt #2 is a super spacious 3 bed that's been beautifully remodeled; Apt #2A is large studio apartment with 3/4 bath; 3rd floor apartment is huge 1+bed with separate exterior access. Main floor laundry access on back of house for all tenants; off street and street parking. Residential MLS #22423664

Monthly Payment Calculator



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 2024-10-08T12:34:14.05.
www.donpeterson.com/homes/155153634
Print Image

4942 Madison Avenue Lincoln, NE 68508

  • Price: $375,000
  • Status: Active
  • On Site: Days
  • Updated: 68 min ago
  • MLS #: 22423667
0
Beds
0
Baths
0
½ Baths
Up to 1/4 Acre.
Acres
1887
Built
Neighborhood:
University Place
County:
Lancaster
Area:
Lancaster
Elementary School:
Riley
Middle School:
Dawes
High School:
Lincoln Northeast
School District:
Lincoln
Property Description
Check out this Magnificent Mansion conversion to 4-plex with 4640 finished sqft & covered front porch on large, corner double lot. Amazing investment opportunity across street 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, gorgeous windows and built-ins; several bonus sinks; easy access to main floor laundry. 2nd Floor has two separate apartments = Apt #2 is a super spacious 3 bed that's been beautifully remodeled; Apt #2A is large studio apartment with 3/4 bath; 3rd floor apartment is huge 1+bed with separate exterior access. Main floor laundry access on back of house for all tenants; off street and street parking. Residential MLS #22423664
Exterior Features

Exterior Steel Siding Exterior Features PorchCovered Deck Fence Partial Garage Type Off-Street Parking Lot Dimensions 100 x 142 Lot Features Corner LotLevel Parking Spaces 4 Roof Type Composition

Interior Features

Appliances Included DishwasherDryerOven - No CooktopRange - Cooktop + OvenRefrigeratorWasher Basement Yes Bedrooms U1 4 Bedrooms U2 3 Bedrooms U3 0 Bedrooms U4 1 Cooling Central AirOtherWindow AC Fireplaces U1 1 Foundation Brick/MortarPoured Concrete Full Baths U1 1 Full Baths U2 1 Full Baths U3 1 Full Baths U4 1 Heating Fuel Gas Heating Type Forced Air Interior Features Laundry Facilities Part Baths U1 2 Total Rooms U1 8 Total Rooms U2 6 Total Rooms U3 2 Total Rooms U4 5 Unit Type1 Appliances Range - Cooktop + OvenRefrigerator Unit Type1 Cooling Central AirWind Air Unit Type1 Heat Fuel ElectricGas Unit Type1 Heat Type Forced AirHeat Pump Unit Type1 Rooms BasementDining RoomFamily RoomKitchenLaundryLiving Room Unit Type2 Appliances Range - Cooktop + OvenRefrigerator Unit Type2 Cooling Ht. PumpWind Air Unit Type2 Heat Fuel ElectricGas Unit Type2 Heat Type Forced AirHeat Pump Unit Type2 Rooms Dining RoomKitchenLiving Room Unit Type3 Appliances Range - Cooktop + OvenRefrigerator Unit Type3 Cooling Ht. PumpWind Air Unit Type3 Heat Fuel ElectricGas Unit Type3 Heat Type Forced AirHeat Pump Unit Type3 Rooms Dining RoomKitchen Unit Type4 Appliances Range - Cooktop + OvenRefrigerator Unit Type4 Cooling Ht. PumpWind Air Unit Type4 Heat Fuel ElectricGas Unit Type4 Heat Type Forced AirHeat Pump Unit Type4 Rooms Dining RoomKitchenLiving Room Walk Out Basement Yes

Property Features

Agent Has Equity No Annual Expense Source Limited Info. Assessments No Conversion Yes Financing Terms Accepted CashConventional Leased U1 Yes Leased U2 Yes Leased U4 Yes Monthly Rent U1 1820 Monthly Rent U2 1135 Monthly Rent U3 595 Monthly Rent U4 540 Multifamily Type Multi-Family New Construction Not New and NOT a Model Occupied U1 Tenant Occupied U2 Tenant Occupied U3 Tenant Occupied U4 Tenant Ownership Type Fee Simple REO NO Sewer And Water Public SewerPublic Water Special Assessments No 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 2024-10-08T12:34:14.05.
 
https://bt-photos.global.ssl.fastly.net/omaha/1280_boomver_4_22423667-2.jpg https://bt-photos.global.ssl.fastly.net/omaha/1280_boomver_4_22423667-2.jpg https://bt-photos.global.ssl.fastly.net/omaha/1280_boomver_4_22423667-2.jpg
Logo
Don Peterson & Associates
100 E. 6th Street
Fremont NE, 68025