2841 P Street

    Lincoln, NE 68503
    • $170,000
    • STATUS: Pending
    • MLS #: 22001020
    Pending
    UPDATED: 31 min ago
    $170,000
    • 0
      BEDS
    • Over 1/4 up to 1/2 Acre
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1926
    County:
    Area:

    School Information

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

    Description

    An excellent $1800 per month occupied 3-unit conversion! This investment property has been recently updated. All water heaters were manufactured in 2012. In 2018, the foundation was completely repaired as well as gutters and downspouts replaced. Newer Goodman AC's for the main house as well as two newer furnaces in the basement (one replaced January 2020). Each tenant has their own washer/dryer hookup. All units are separately metered. Excellent woodwork and built ins on the two apartments in the main portion of the house. The right investor can upgrade the garages for extra income. This apartment passed COC inspection in 2019 after upgrades to siding, electrical wiring, window/screen changes, and more. All the tough work (except new roof) is done. Approval from fire inspector to now market 1 bedroom as three bedroom upstairs! Great income for the price!

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    Listing information © 2020 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 Cindy Andrew Group | Nebraska Realty. Data last updated 2020-01-24T14:35:07.163.
    www.cindyandrewgroup.com/homes/102269228

    2841 P Street Lincoln, NE 68503

    • Price: $170,000
    • Status: Pending
    • Updated: 31 min ago
    • MLS #: 22001020
    0
    Beds
    0
    Baths
    0
    ½ Baths
    Over 1/4 up to 1/2 Acre
    Acres
    1926
    Built
    Neighborhood:
    South Hartley
    County:
    Lancaster
    Area:
    Lancaster
    Elementary School:
    Hartley
    Middle School:
    Culler
    High School:
    Lincoln Northeast
    School District:
    Lincoln
    Property Description
    An excellent $1800 per month occupied 3-unit conversion! This investment property has been recently updated. All water heaters were manufactured in 2012. In 2018, the foundation was completely repaired as well as gutters and downspouts replaced. Newer Goodman AC's for the main house as well as two newer furnaces in the basement (one replaced January 2020). Each tenant has their own washer/dryer hookup. All units are separately metered. Excellent woodwork and built ins on the two apartments in the main portion of the house. The right investor can upgrade the garages for extra income. This apartment passed COC inspection in 2019 after upgrades to siding, electrical wiring, window/screen changes, and more. All the tough work (except new roof) is done. Approval from fire inspector to now market 1 bedroom as three bedroom upstairs! Great income for the price!
    Exterior Features

    Exterior Aluminum Siding Fence None Garage Type Detached Lot Dimensions 75 X 46 | 96 X 96 Parking Spaces 5

    Interior Features

    Basement Yes Basement Percent 0 Bedrooms U1 3 Bedrooms U2 1 Bedrooms U3 3 Fireplaces U3 1 Foundation Concrete Block Full Baths U1 1 Full Baths U2 1 Full Baths U3 1 Heating Fuel Gas Heating Type Forced Air Square Feet U1 1373 Square Feet U2 532 Square Feet U3 1200 Walk Out Basement No

    Property Features

    Agent Has Equity No Annual Exp Year End 8158.00 Annual Expense Source Estimated Assessments No Conversion Yes Effective Gross Income 20520 Insurance Expense 1200 Leased U1 Yes Leased U2 Yes Leased U3 Yes Maintenance Expense 2500 Management Expense 1600 Monthly Rent U1 700 Monthly Rent U2 450 Monthly Rent U3 650 Multifamily Type Multi-Family Net Op Income 12362 New Construction Not New And Not A Model Occupied U1 Tenant Occupied U2 Tenant Occupied U3 Tenant Ownership Type Fee Simple REO No Scheduled Gross Income 21600 Sewer And Water Public Water Special Assessments No Tax Amount 1710 Tax Year 2019 Units U1 1 Units U2 1 Units U3 1 Utility Expense 1140 Vacancy Loss 1080

    Listing information © 2020 Great Plains Regional MLS.
    Listing provided courtesy of Century Sales & Management Llc.


    Listing information © 2020 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 Cindy Andrew Group | Nebraska Realty. Data last updated 2020-01-24T14:35:07.163.
     
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