Lincoln, NE 68502,1025 C Street
Lincoln, NE 68502,1025 C Street
Lincoln, NE 68502,1025 C Street
$525,000
Est. payment /mo
$549,900
4.5%
Est.Price: ?

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6 Beds
6 Baths
SOLD DATE : 07/09/2025

Key Details

Sold Price $525,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Original Lincoln

MLS Listing ID 22511735

Sold Date 07/09/25

Bedrooms 6

Full Baths 6

Construction Status Not New and NOT a Model

HOA Y/N No

Year Built 1966

Annual Tax Amount $5,853

Tax Year 2024

Lot Dimensions 50x142

Property Sub-Type Multi-Family

Property Description

Turnkey 6-Plex Investment Opportunity – Strong Cash Flow & Recent Updates! This well-maintained 6-unit multifamily property features all 1-bedroom, 1-bathroom units with individual living spaces—ideal for attracting long-term tenants in today's rental market. With a current total monthly rent of $4,515 plus an additional $150–$200/month in laundry income, the property generates a strong annual income between $55,980 and $56,580. Units #2, #5, and #6 have been recently updated, offering a mix of modern finishes and consistent rental performance. Unit #5 has undergone an extensive remodel, making it a standout unit within the property. Unit #6 was upgraded with a new mini-split system installed on March 1, 2025, providing efficient heating and cooling. Allo Fiber internet has been run to the building and on-site laundry provides extra income and convenience for tenants. This property is a solid investment opportunity for both seasoned and new investors, with immediate cash flow.

Location

State NE

County Lancaster

Area Lancaster

Interior

Interior Features Laundry Facilities

Heating Other

Cooling Other

Appliance Range - Cooktop + Oven, Refrigerator

Heat Source Electric

Exterior

Parking Features None

Fence None

Building

Lot Description Up to 1/4 Acre.

Foundation Concrete Block

Lot Size Range Up to 1/4 Acre.

Sewer Public Sewer, Public Water

Water Public Sewer, Public Water

Construction Status Not New and NOT a Model

Schools

Elementary Schools Everett

Middle Schools Park

High Schools Lincoln High

School District Lincoln

Others

Tax ID 10-26-429-006-000

Ownership Fee Simple

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

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Listed by SimpliCity Real Estate
Bought with Arrow Brokerage

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agent

Tina Harper

+1(402) 630-2301

Agent | License ID: 20190677

Agent License ID: 20190677

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