$545,000
$553,000
1.4%For more information regarding the value of a property, please contact us for a free consultation.
1601 S 20th Street Lincoln, NE 68502
14 Beds
9 Baths
Key Details
Sold Price $545,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Central Lincoln
MLS Listing ID 22105312
Sold Date 06/04/21
Bedrooms 14
Full Baths 9
Construction Status Not New and NOT a Model
HOA Y/N No
Year Built 1929
Annual Tax Amount $4,861
Tax Year 2020
Lot Dimensions 92x155
Property Description
This Art Deco 5-plex known as Garden Square Condos is an investor's dream. Such a cool building with hardwood floors, curved archways, original tile, and very spacious units. It was exceptionally built in 1929 in the beloved Near South Neighborhood, conveniently located near UNL, downtown, bike routes, and public transportation. There are 5 fully rented units consisting of; 4x 3 bedroom, 1.75 bath condos and 1x 2 bedroom, 1 bath condo, 4 garages, off street parking, storage and coin op laundry. Presently fully rented as apartments but could be sold off individually as condos, if the future owner desires. Gross monthly rental income potential of $ 5,090 or more. Call today for a showing.
Location
State NE
Area Lancaster
Interior
Interior Features Laundry Facilities
Heating Forced Air
Cooling Window AC
Appliance Range, Refrigerator, Washer, Dryer
Heat Source Gas
Exterior
Exterior Feature Bus Service, Hike/Bike Trails
Parking Features Detached
Garage Spaces 4.0
Fence None
Building
Lot Description Up to 1/4 Acre.
Story Three+
Foundation Concrete Block
Lot Size Range Up to 1/4 Acre.
Sewer Public Sewer, Public Water
Water Public Sewer, Public Water
Construction Status Not New and NOT a Model
Schools
Elementary Schools Prescott
Middle Schools Irving
High Schools Lincoln High
School District Lincoln
Others
Tax ID 1036138013000
Ownership Fee Simple
Acceptable Financing Other
Listing Terms Other
Financing Other
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Bought with Casa Property Management