720 Lincoln Avenue, Plattsmouth, NE 68048

$202,000
10
BD
6
BA
3,792
SqFt

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Sold Price
$202,000
List Price
$199,900
Closing Date
May 17, 2024
MLS#
22407715
Status
SOLD
Type
Multifamily
City
Plattsmouth
Area
Cass
County
Cass
Bedrooms
10
Bathrooms
6
Living Area
3,792
Year Built
1930

Property Description

Investment Opportunity Alert! Distressed Property in Need of TLC! Don't miss out on this prime investment opportunity! We're listing a 3888 sq ft multiple-unit building with 6 units, located in a commercial zone. With 4 units featuring 2 bedrooms and 1 bath at 648 sq ft each, and 2 units offering 1 bed and 1 bath at 600 sq ft each, there's plenty of potential to capitalize on. Currently, there are 2 vacant 2-bedroom units awaiting your creative touch. The existing units are fetching approximately $1500 a month in rent, with the potential for significant increase post-renovation. Common water facilities and a shared laundry room make management a breeze, while ample parking and additional land offer opportunities for expansion and added value to your investment portfolio.

Additional Information

Elementary School
Plattsmouth
Fence
None
Garage Type
No Garage
Heating Type
Gas, Forced Air
High School
Plattsmouth
Living Area
3,792
Lot Description
Over 1/4 up to 1/2 Acre
Middle School
Plattsmouth
School District
Plattsmouth
Subdivision
Plattsmouth
Tax Amount
$4,794
Tax Year
2023
Year Built
1930

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Listing courtesy of BHHS Ambassador Real Estate. Selling Office: BHHS Ambassador Real Estate.

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