917 Washington Street, Lincoln NE 68502

$589,000

Description

Excellent investment opportunity! This 7-plex offers strong cash flow potential with tenants paying their own gas and electric. All units are 2 bedrooms and 1 bathroom. Property features 5 off-street parking spaces plus 3 single-stall garages that generate additional rental income. Coin-operated laundry provides even more supplemental income. Numerous updates include a new roof in 2021, water heater installed in August 2022, freshly painted common areas in 2026, newer flooring in the lower commons area, and gutter guards. Units 3-6 each feature private balconies. Most units have been updated during ownership with laminate flooring, carpet, and paint. Secure building with great income-producing amenities and solid rental history. A well-maintained multi-family property ready for its next owner!