Property For Sale In Lincoln, Nebraska

apartment for sale

Listed: 03/29/24

1023 South 17th Street, Lincoln, NE 68508, USA

Studio Bed:

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Price

$ 194,900

About This Apartment

Owner occupy for affordable living or duplex investment! Large and spacious duplex units. Approximately 1300 sq. ft. per unit. Two 2-bedroom, 1-bath units with laundry facilities for each. Each unit could potentially have a 3rd bedroom. Original woodwork, tall ceilings, large rooms, circuit breakers, new sewer line, centralA/C, 2water heaters (1 new in 2023). Roof appears to be newer. 2 off-street parking. Each unit has a large sunroom! Large basement access for each tenant with washer and dryer hookups for each. Separate utilities. Tenant pays gas and electric. Owner pays water, garbage and snow removal. Main floor unit leased for$1000,2nd floor vacant unit projected rent at$1000, 9.1cap rate. The interiors of the units are in better condition than the exterior.

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Apartments for sale in Lincoln

Original listing

Near South Housing & Living

Household Income

Median household income: $55,388

Number of households: 114,870

The average household income in Lincoln, NE declined from $56,160 to $55,388 in the past year. This data is an estimate based upon 114,870 households in Lincoln, NE.
The chart below presents how household income is distributed in Lincoln, NE in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Lincoln, NE compared to median property taxes around the country. The prevalent amount of property taxes in Lincoln, NE equals $3k+ , which is more than the national average.