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1218 E Street, Lincoln, NE 68508

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For Sale

$925,000

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

Wyatt Simon, M: 402-940-8484, wyatt@rogsterling.com, https://www.realtyonegroupsterling.com - Turnkey 12-Unit Investment Opportunity Minutes from Downtown Lincoln! This fully occupied 12-unit building features 6 spacious 2 bed 1 bath units and 6 efficient 1 bed 1 bath units, all recently renovated and well maintained. Each unit includes its own furnace and A/C combo unit about half of which have been recently replaced offering independent climate control for tenants and streamlined maintenance for owners. Plenty of upside potential with room to raise rents (see pro forma). Gross Income $11.2k per month, exceeding the 1% Rule and the building is located just 5 minutes from vibrant downtown Lincoln, making it an ideal location for tenants and investors alike.
MLS# 22517235

Courtesy Of Realty One Group Sterling

(402) 934-0074

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Cooktop, Range, Refrigerator
  • Architecture Style
    Other
  • Heating System
    Forced Air
  • Rooms
    Basement, Kitchen, Living Room

Map and Directions

Directions to 1218 E Street, Lincoln, NE 68508

Home seller CENTURY 21 Home & Farm Realty, Inc.

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Home & Farm Realty, Inc.

(402) 489-5911
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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