Check out this Magnificent Mansion conversion to 4-plex with 4640 finished sqft & covered front porch on large, corner double lot. Amazing investment opportunity across street from Wesleyan University! Fully rented for total of $4090/mo. Massive main floor 4-bed apartment rents by room to 4 tenants & boasts newer high-efficency furnace, hardwood floors, updated kitchen, huge family room area, gorgeous windows and built-ins; several bonus sinks; easy access to main floor laundry. 2nd Floor has two separate apartments = Apt #2 is a super spacious 3 bed that's been beautifully remodeled; Apt #2A is large studio apartment with 3/4 bath; 3rd floor apartment is huge 1+bed with separate exterior access. Main floor laundry access on back of house for all tenants; off street and street parking. Residential MLS #22423664
Features
8 bedrooms
4 bathrooms
crop_free14200 sq. ft. lot size
cottageMulti-Family
Property history for 4942 Madison Avenue
2023
Sold
Undisclosed
06 Dec 2023 by Shelly Stertz, of Coldwell Banker NHS Real Estate
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Local market activity for 8 bedroom multi families in Lincoln
Sold
For Sale
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