Under Rented! Block & brick 18-plex needing renovation work. Well built with steel, brick, block & concrete. Six 1-bedroom, 1-bath and twelve 2-bedrooms, 1-bath units. 18 off-street parking stalls, separate electric meters, coin operated laundry facilities, pitched and flat roofs. Boiler heat & chiller A/C, with individual air handlers in each unit. 2 levels plus a garden level. Rent the units in present condition or do cosmetic updates and raise the rents. This would be a perfect sweat equity property with a price tag reflecting the condition of the property. There is so many positive things about this property, it only needs some upgrades. Call 402-430-8021 for income and expenses.
Property Details
Property Features
Property Information:
Year Built: 1968
Listing Office:
Office Name: Woods Bros Realty
Office Phone: (402) 434-3500
Listing Agent: Byron G. Yurth
Interior Features
Interior Information:
Basement: No
Exterior Features
Exterior Information:
Exterior: Covered Deck
Parking Information:
Attached Garage: No
Parking: None
Lot Features
Lot Information:
Lot: Level
Utilities
Utilities Information:
Heating: Other
Cooling: Other
School Info
Assigned Schools Information:
Lincoln High School, Public District Grades 9-12
Park Middle School, Public District Grades 6-8
Mc Phee Elementary School, Public District Grades PK-5
Other
Directions Information:
Directions: Consult GPS.
Price Information
Listing Price Info
Price Summary:
List Price: $999,000
Tax Information:
Annual Amount: $8,558
Tax Year: 2020
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
4
/10
Mc Phee Elementary School
820 Goodhue Blvd
Distance between this listing and this school0.16 miles
Public District Grades PK-5
Middle School
3
/10
Park Middle School
855 S 8th St
Distance between this listing and this school0.76 miles
Public District Grades 6-8
High School
1
/10
Lincoln High School
2229 J St
Distance between this listing and this school0.49 miles
Public District Grades 9-12
Assigned Schools
4
/10
Mc Phee Elementary School
820 Goodhue Blvd
Distance between this listing and this school0.16 miles
Public District Grades PK-5
Nearby Schools
4
/10
Everett Elementary School
1123 C St
Distance between this listing and this school0.45 miles
Public District Grades PK-5
4
/10
Prescott Elementary School
1930 S 20th St
Distance between this listing and this school0.81 miles
Public District Grades PK-5
Assigned Schools
3
/10
Park Middle School
855 S 8th St
Distance between this listing and this school0.76 miles
Public District Grades 6-8
Nearby Schools
4
/10
Irving Middle School
2745 S 22nd St
Distance between this listing and this school1.32 miles
Public District Grades 6-8
5
/10
Lefler Middle School
1100 S 48th St
Distance between this listing and this school2.33 miles
Public District Grades 6-8
Assigned Schools
1
/10
Lincoln High School
2229 J St
Distance between this listing and this school0.49 miles
Public District Grades 9-12
Nearby Schools
3
/10
University of Nebraska High School
1520 N 20th Cir
Distance between this listing and this school1.71 miles
Public District Grades 9-12
3
/10
Lincoln Southeast High School
2930 S 37th St
Distance between this listing and this school2.23 miles
The neighbors living near this home have an average income of $26,762. Residents of Lincoln, NE typically earn less than $35k each year. The majority of families are single, no kids. Most residents in this area have post secondary degree education.
This home is located at 1635 E St in Lincoln, NE and zip code 68508 in the Near South neighborhood. This home was built in 1968. It has been listed on Rocket Homes since December 29, 2023 and is currently priced at $999,000.
The inventory of homes for sale in Lincoln, NE between February 2024 and March 2024 increased by 154.8%. Listings spent 38 days on the market in March 2024, and had a median list price of $329,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.