421 Capitol Beach Boulevard, Lincoln NE 68528

$1,195,000

Description

13-unit value-add multifamily investment opportunity near Capitol Beach and downtown Lincoln. Unit mix consists of six 1-bedroom units, six 2-bedroom units, and one efficiency unit. Three vacant units provide immediate lease-up opportunity and upside potential. All units are all-electric with tenants responsible for electric service. Ownership pays water, sewer, and trash. Features include 22 off-street parking spaces, on-site laundry, storage units, slab-on-grade construction, and six zero-entry units. Majority month-to-month leases provide flexibility for repositioning rents to market levels. A landlord-managed Allo Internet program is in place and provides additional owner income. Offered at $1,295,000.

  • Beds: 18
  • Baths: 13
  • MLS ID: 22615773
  • Type: Multi Family
  • Style:
  • Year Built: 1974

Details

  • Main Floor: N/A
  • Second Floor: N/A
  • Third Floor: N/A
  • Cooling: N/A
  • Heat: N/A
  • Basement: Yes
  • Basement Type: N/A
  • Basement Sq ft: N/A
  • Appliances Included: N/A
  • Lot Size: 19,260 SF1
  • Acres: 0.4421
  • Exterior Features: N/A
  • Fence: N/A
  • Garage Type: 1
  • Garage Spaces:

Other

  • Status: ACTIVE
  • School District: Lincoln
  • Brokered By: Nebraska Realty
  • Broker Contact: M: 402-570-1661
  • Utilities:
  • Tax Year: 2025
  • Taxes: $11600