13-unit value-add multifamily investment opportunity near Capitol Beach and downtown Lincoln. Unit mix consists of six 1-bedroom units, six 2-bedroom units, and one efficiency unit. Three vacant units provide immediate lease-up opportunity and upside potential. All units are all-electric with tenants responsible for electric service. Ownership pays water, sewer, and trash. Features include 22 off-street parking spaces, on-site laundry, storage units, slab-on-grade construction, and six zero-entry units. Majority month-to-month leases provide flexibility for repositioning rents to market levels. A landlord-managed Allo Internet program is in place and provides additional owner income. Offered at $1,295,000.
READ MOREREAD LESSLincoln is the capitol city of Nebraska and the state’s second largest city. While Lincoln has a dense suburban feel, Lincoln also has over 100 parks with over 99 miles of interconnecting trails. The downtown area of Lincoln is home to Nebraska’s State Capitol, the University of Nebraska-Lincoln, Historic Haymarket District and several art galleries and museums, performing arts centers, breweries and restaurants. With something for everyone, it’s no wonder Lincoln is frequently listed among the nationally ranked best cities to live in and buyer a house in the United States.
If you are ready to start your home buying or selling journey, browse the latest homes for sale in Lincoln, NE. You can also contact us or visit our local office—we are here to help!
| blank | Principal | Taxes | INS / PMI | Other | Total |
|---|---|---|---|---|---|
| Monthly | $7,776.02 | $966.67 | $1,478.46 | $0.00 | $10,221.15 |
| Yearly | $93,312.24 | $11,600.04 | $17,741.52 | $0.00 | $122,653.80 |
| Total | $2,799,367.20 | $348,001.20 | $355,607.00 | $0.00 | $3,502,975.40 |
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421 Capitol Beach Boulevard, Lincoln, NE 68528.