Multi Family Unit for Sale: 5050 Cleveland Ave

Multi-Family for Sale
Catylist Listing ID: 30568689
Property Subtypes: Low-Rise/Garden
Number of Units: 6 Units
Building Size (RSF): 1,708 SF
Gross Building Area: 3,676 SF
Sale Price: $365,000
Unit Price: $60,833.33 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/18/2020

Overview / Comments

5050 Cleveland Ave is a brick 6-pex one block North of Wesleyan campus.
All units are 1 bed/1bath.
Each apartment includes a storage unit in the basement which has a coin operated washer and dryer. All but one unit includes a garage + an off-street parking stall. The property sits on a 1/2 block of land in excellent condition.


Finance Data Year 2020
Real Estate Taxes - Annual($) $4,141 (Annual)

Additional Details

Nearest MSA: Lincoln
County: Lancaster
Tax ID/APN: 1717202009000
Zoning: R-6
Property Located Between: 1 block South of Adams between 50th and 51st streets
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1965
Parking Description: 5 units include a garage and a parking stall. All 6 units have a parking stall.
Total Parking Spaces: 6
Laundry: Shared
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Window Unit
Water Service: Municipal
Sewer Type: Municipal
Legal Description: UNIVERSITY PLACE, BLOCK 38, Lot 8

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,575 109,101 193,422
Median Age: 31.65 32.5 33.73
Households: 6,595 44,958 79,341


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