2500 J Street, Lincoln, NE 68510

$490,000
9
BD
5
BA

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List Price
$490,000
MLS#
22622815
Status
ACTIVE
Type
Multifamily
City
Lincoln
Area
Lancaster
County
Lancaster
Bedrooms
9
Bathrooms
5
Year Built
1958

Property Description

Long-term tenants & modern electrical are the two things investors ask for in a 1958 building. This J Street five-plex has both. 100% leased w/long-term tenants in place, & a full electrical modernization already documented: fuse panels replaced w/individual apartment breaker boxes, a separate house panel, load expansion for future dishwashers & kitchen upgrades, & meters relocated per LES requirements. Permitted, code-compliant, & completed by a certified electrician. Four 2-bedroom units w/dedicated garage stalls, one 1-bedroom unit, & additional off-street parking. Each unit has a private back door & stairs to a fenced yard. Separate utilities & laundries. Water heaters 2020 or newer. Basement storage for each tenant, plus a shared laundry area w/tenant-owned washers & dryers. Recent refresh: fresh interior paint, new common area carpet, & updated landscaping. Near public transportation, universities, downtown, & neighborhood retail. Can purchase as package with MLS #22622799.

Additional Information

Basement
Yes
Elementary School
Elliott
Fence
Chain Link
Garage Spaces
4
Heating Type
Natural Gas, Forced Air
High School
Lincoln High
Lot Description
Up to 1/4 Acre.
Middle School
Park
Rooms
8
School District
Lincoln
Subdivision
Central Lincoln
Tax Amount
$4,692
Tax Year
2025
Walk Out Basement
Yes
Year Built
1958

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Calculator source: Real Geeks

Listing courtesy of Black Tie Realty.

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