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311 N Lincoln Ave

Grand Island, NE 68801
  • $1,440,000
  • STATUS: Active
  • MLS #: 20240254
$1,440,000
  • 24
    BEDS
  • 0.44
    ACRES
  • 16
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Ne
Type:
Multi-Family
Built:
1965
County:
Area:
Ne

School Information

Elementary School:
Middle School:

Description

Great investment opportunity! 16 unit apartment complex. Eight 2 BRs and eight 1 BRs. 15 of 16 units completely remodeled with new kitchens, baths, flooring, electrical, and paint. 16th unit has bath remodeled. Basement with laundry room and potential for storage rental. Tenants pay electric and gas. Owner pays water/sewer/trash. New roof. Current monthly rental capacity of $12,200.00

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© 2024 Grand Island Board of REALTORS® MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Summit Real Estate. Data last updated: 2024-04-18T15:59:09.697.
www.soldwithsummit.com/homes/149116646
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311 N Lincoln Ave Grand Island, NE 68801

  • Price: $1,440,000
  • Status: Active
  • On Site: Days
  • MLS #: 20240254
24
Beds
16
Baths
0
½ Baths
0.44
Acres
1965
Built
Neighborhood:
Ne
County:
Hall
Area:
Ne
Elementary School:
Wasmer
Middle School:
Barr Middle School
High School:
Grand Island Senior High
Property Description
Great investment opportunity! 16 unit apartment complex. Eight 2 BRs and eight 1 BRs. 15 of 16 units completely remodeled with new kitchens, baths, flooring, electrical, and paint. 16th unit has bath remodeled. Basement with laundry room and potential for storage rental. Tenants pay electric and gas. Owner pays water/sewer/trash. New roof. Current monthly rental capacity of $12,200.00
Exterior Features

Construction Exterior Finish FrameBrick Garage None Lot Dimensions 138x140 Roof Membrane Waterfront No

Interior Features

Appliances Applies to All UnitsRefrigeratorStove Basement Yes Unit Features Applies to All UnitsDrapesFormal Living AreaKitchen/Dining ComboPrivate Bath Unit1 Baths 1 Unit1 Bedrooms 2 Unit1 Level M Unit2 Baths 1 Unit2 Bedrooms 1 Unit2 Level M Unit3 Baths 1 Unit3 Bedrooms 1 Unit3 Level M Unit4 Baths 1 Unit4 Bedrooms 2 Unit4 Level M Unit5 Baths 1 Unit5 Bedrooms 2 Unit5 Level M Unit6 Baths 1 Unit6 Bedrooms 1 Unit6 Level M Unit7 Baths 1 Unit7 Bedrooms 1 Unit7 Level M Unit8 Baths 1 Unit8 Bedrooms 2 Unit8 Level M

Property Features

Estimated Taxes 11839.58 Flood Zone No Home Warranty No Miscellaneous Separate MetersMaster MetersCommon Water HeatersIndividual HeatIndividual Air ConditionerSecurity Deposit Number Stories 2 Possession At ClosingSubject To Tenant Rights Property Type Apartment Building Safety Features Smoke Detector Sewer Public Sewer Tax Year 2023 Type Style 2 Story Unit1 Rent 845 Unit2 Rent 695 Unit3 Rent 695 Unit4 Rent 845 Unit5 Rent 795 Unit6 Rent 695 Unit7 Rent 745 Unit8 Rent 845 Utilities Paid By Owner WaterTrash CollectionApplies to All Units Utilities Paid By Tenant GasElectricityCable TVApplies to All Units Water Public

Listing information © 2024 Grand Island Board of REALTORS® MLS
Listing provided courtesy of Century 21 Premier Home Sales: 3083824250.



© 2024 Grand Island Board of REALTORS® MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Summit Real Estate. Data last updated: 2024-04-18T15:59:09.697.
 
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Summit Real Estate
1824 W 2nd Street
Grand Island NE, 68803