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    920 S 22nd Street

    Lincoln, NE 68510
    • $750,000
    • STATUS: Pending
    • MLS #: 22106427
    Pending
    $750,000
    • 0
      BEDS
    • Up to 1/4 Acre
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1977
    County:
    Area:

    School Information

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

    Description

    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.

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    Listing information © 2021 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 2021-04-17T23:33:38.673.
    www.donpeterson.com/homes/115842171
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    920 S 22nd Street Lincoln, NE 68510

    • Price: $750,000
    • Status: Pending
    • MLS #: 22106427
    0
    Beds
    0
    Baths
    0
    ½ Baths
    Up to 1/4 Acre
    Acres
    1977
    Built
    Neighborhood:
    Houtz Place
    County:
    Lancaster
    Area:
    Lancaster
    Elementary School:
    Elliott
    Middle School:
    Lefler
    High School:
    Lincoln High
    School District:
    Lincoln
    Property Description
    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.
    Exterior Features

    Exterior WoodBrick/Other Exterior Features Deck/BalconyBus Service Fence Chain Link Garage Type None Lot Dimensions 43.16 X 182.25 Lot Features Alley Parking Spaces 9 Roof Type Composition

    Interior Features

    Appliances Included RangeRefrigeratorDishwasherDisposalWasherDryer Basement No Bedrooms U1 1 Bedrooms U2 2 Bedrooms U3 2 Cooling Central Air Fireplaces U1 0 Fireplaces U2 1 Fireplaces U3 1 Floors U1 1 Floors U2 1 Floors U3 1 Foundation Slab Full Baths U1 1 Full Baths U2 1 Full Baths U3 1 Heating Fuel Electric Heating Type Forced Air Interior Features Cable AvailableLaundry Facilities Part Baths U1 0 Part Baths U2 0 Part Baths U3 0 Square Feet U1 719 Square Feet U2 849 Square Feet U3 849 Total Rooms U1 3 Total Rooms U2 4 Total Rooms U3 4 Unit Type1 Appliances RangeRefrigeratorDishwasherDisposal Unit Type1 Cooling Central Air Unit Type1 Heat Fuel Electric Unit Type1 Heat Type Forced Air Unit Type1 Interior Features Cable Available Unit Type1 Rooms KitchenLiving Room Unit Type2 Appliances RangeRefrigeratorDishwasherDisposal Unit Type2 Cooling Central Air Unit Type2 Heat Fuel Electric Unit Type2 Heat Type Forced Air Unit Type2 Interior Features Cable Available Unit Type2 Rooms KitchenLiving Room Unit Type3 Appliances RangeRefrigeratorDishwasherDisposal Unit Type3 Cooling Central Air Unit Type3 Heat Fuel Gas Unit Type3 Heat Type Forced Air Unit Type3 Interior Features Cable Available Unit Type3 Rooms KitchenLiving Room Walk Out Basement No

    Property Features

    Agent Has Equity No Annual Expense Source Owner Provided Assessments No Conversion No Effective Gross Income 66095 Insurance Expense 3192 Leased U1 No Leased U2 Yes Leased U3 Yes Maintenance Expense 6632 Monthly Rent U1 650 Monthly Rent U2 650 Monthly Rent U3 650 Multifamily Type Multi-Family Net Op Income 42139 New Construction Not New And Not A Model Occupied U1 Vacant Occupied U2 Tenant Occupied U3 Tenant Ownership Type Fee Simple REO No Sewer And Water Public SewerPublic Water Special Assessments No Tax Amount 6804 Tax Year 2020 Taxes Partial Or Full Partial Unit Type1 Rent Includes Hot Water Unit Type2 Rent Includes Hot Water Unit Type3 Rent Includes Hot Water Units U1 1 Units U2 8 Units U3 1 Utility Expense 6187

    Listing information © 2021 Great Plains Regional MLS.
    Listing provided courtesy of Woods Bros Realty.


    Listing information © 2021 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 2021-04-17T23:33:38.673.
     
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