High Cash Flow 4-Plex

Multi-Family for Sale
Catylist Listing ID: 30752890
Property Subtypes: Duplex/Fourplex
Number of Units: 4 Units
Building Size (RSF): 2,674 SF
Gross Building Area: See Agent
Gross Land Area: 6,970 SF
Sale Price: $205,000
Unit Price: $51,250 Per Unit
Property Use Type: Investment, Vacant/Owner-User
Building Name: 234 S 27th St
Sale Terms: Cash to Seller, Purchase Money Mortgage, Sale/Leaseback
Cap Rate: 7.5%
Last Updated: 10/26/2021

Overview / Comments

This is a high-cash flowing 4-plex located right in the heart of Lincoln. Monthly income of $2,250. All units updated with new finishes in the last 5 years. One unit is currently owner-occupied. Please see the attached excel spreadsheet for the current income and expenses.

Feel free to reach out with any questions. Thank you!

Additional Details

Nearest MSA: Lincoln
County: Lancaster
Taxing Authority: Lancaster County
Tax ID/APN: 17-30-105-016-000
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1900
Parking Description: Alley access parking for all tenants. Approx. 6-8 spots
Total Parking Spaces: 6

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 25,499 140,226 231,939
Median Age: 29.33 32.86 34.42
Households: 10,342 57,740 93,898


Photograph of Listing Agent

Nick Wilkinson

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