1328 E Street, Lincoln, NE 68508

$1,650,000

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List Price
$1,650,000
MLS#
22621411
Status
ACTIVE
Type
Multifamily
City
Lincoln
Area
Lancaster
County
Lancaster
Year Built
1964

Property Description

Incredibly well built 29 plex. All 1 bedroom and 1 bathroom units. All are currently leased except one and bringing in over $17,000 per month. Opportunity for rental increases and revenue increases with 12 parking spots in back and coin operated laundry. Super solid concrete block walls in between the units for safety and privacy. This is built like a fortress! Recent updates totaling over $100,000 include new exterior stairs, retaining wall and some updated electrical. It also has a newer roof! Buildings are connected and sell as a package. Address 1328 E consists of 14 units and 1336 E consists of 15 units. One utility bill for tenants - just electricity. Owner pays for gas for the hot water heaters, house electric and garbage.

Additional Information

Basement
Yes
Elementary School
Mcphee
Fence
None
Heating Type
Electric, Forced Air
High School
Lincoln High
Lot Description
Over 1/4 up to 1/2 Acre
Middle School
Park
School District
Lincoln
Subdivision
ORIGINAL LINCOLN
Tax Amount
$15,955
Tax Year
2025
Walk Out Basement
Yes
Year Built
1964

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Giving Realty.

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