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1218 E Street

Lincoln NE 68508

3
2
0.17 ac.
Multi-Family
Currently for sale - view listing

Overview

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.

Features

3 bedrooms
2 bathrooms
0.17 ac. lot size
Multi-Family

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Local market activity for 3 bedroom multi families in Lincoln

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Sales:
(619) 566-0008
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