8-Plex For Sale

Multi-Family for Sale
Sale Pending
Catylist Listing ID: 30562705
Property Subtypes: Low-Rise/Garden
Status: Pending
Number of Units: 8 Units
Building Size (RSF): 8,400 SF
Gross Building Area: See Agent
Gross Land Area: 0.22 Acres
Sale Price: $475,000
Unit Price: $59,375 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/31/2020

Overview / Comments

This is a well-maintained, fully-occupied eight-plex. All well-maintained one-bedroom, one-bath unit. Two laundry rooms (one coin-op washer and dryer in each). Off-street parking behind building with six garages (alley access). Individual electric and gas meters. Roof and gutters replaced in 2019.

Additional Details

Nearest MSA: Lincoln
County: Lancaster
Taxing Authority: Lancaster County
Tax ID/APN: 10-25-442-005-000
Zoning: R2 - RESIDENTIAL DISTRICT
Percent Occupied: 100%
Property Located Between: E and F Streets
Total Number of Buildings: 2
Property Condition: Good
Number of Stories: 2
Year Built: 1963
Construction/Siding: Brick
Exterior Description: 2-story brick building with single story six-stall garage behind the apartment building
Parking Type: Structure, Surface
Parking Description: 2 surface spaces and six-stall garage with entry from the alley
Total Parking Spaces: 8
Laundry: Shared
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Lot Frontage: 80 feet
Lot Depth: 117 feet
Water Service: Municipal
Sewer Type: Municipal
Legal Description: CAPITOL ADDITION, BLOCK 14, N80' S1/2

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 24,440 129,036 245,877
Median Age: 30.24 31.78 34.4
Households: 11,711 51,905 98,899

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