2410 South StreetLincoln, NE 68502
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Remarkable investment opportunity ideally situated on a huge corner lot offering a convenient central Lincoln location and an enjoyable living experience. 8 units total, consisting of a purpose-built brick 4-plex and a charming Victorian style conversion 4-plex, all on the same parcel. It features four 1-bedroom and four 2-bedroom units, all separately metered, with 8 parking stalls and easy access off 24th or South Street. These units have ample opportunity to increase rents based on the current market conditions in Lincoln. Six of the eight units have been completely renovated, ensuring low maintenance and efficient living for years to come. Just minutes from downtown, these units are in a quaint historical district that is sure to grow in charm year after year. Gross monthly rental income of $5,985/month, making this a great addition to your portfolio.
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Lincoln 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.
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| blank | Principal | Taxes | INS / PMI | Other | Total |
|---|---|---|---|---|---|
| Monthly | $3,903.02 | $499.50 | $725.29 | $0.00 | $5,127.81 |
| Yearly | $46,836.24 | $5,994.00 | $8,703.48 | $0.00 | $61,533.72 |
| Total | $1,405,087.20 | $179,820.00 | $176,878.00 | $0.00 | $1,761,785.20 |
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2410 South Street, Lincoln, NE 68502.
2410 South Street | MLS# 22603944
This multi-family property located at 2410 South Street, Lincoln, NE 68502 is currently listed for sale with an asking price of $650,000. South Street is located within the Lincoln school district. Search Lincoln real estate on www.npdodge.com today.