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421 Capitol Beach Boulevard
Lincoln, NE 68528

$1,195,000 - Status: ACTIVE
SQFT: 1,675
MLS# 22615773

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.

Property Features

MLS#: 22615773
Zip: 68528
Subdivision: Lakeview Acres
Development: Lancaster
Property Type: Multi Unit - Multiple
Number of Units: 13
Basement: None
Days on Site: 156
Fuel Type: Gas
Heating: Natural Gas, Forced Air
Lot Size: 0.44 acres
Property Type: Multi Family
Approx. Living Area: 1,675 sqft
Approx. Total Area: 1,675 sqft
Taxes: $11,600
Year Built: 1974

Feature Descriptions

Accessibility: Exterior Accessible, Interior Accessible
Appliances: Range, Refrigerator
Baths Full: 13
Directions: From West O Street, north on Capitol Beach Blvd to property.
Exterior: Brick/Other
Exterior: Zero Step Entry
Fencing: None
Financing Terms: Conventional, Cash
Foundation: Slab
Interior: Zero Step Entry
Lot Dimensions: 19,260 SF1
Original List Price: $1295000
Parking: No Garage, Off Street
Sewer: Public Sewer
Units: 13
Water: Public

Local Schools

High School: Northwest
Middle School: Park
Elementary School: Lakeview
School District: Lincoln

421 Capitol Beach Boulevard | MLS# 22615773

This multi-family property located at 421 Capitol Beach Boulevard, Lincoln, NE 68528 is currently listed for sale with an asking price of $1,195,000. Capitol Beach Boulevard is located within the Lincoln school district. Search Lincoln real estate on www.libertycorerealestate.com today.

Listed By / Shown By

Listed By

Agency Name: Nebraska Realty

Shown By

Agency Title: Liberty Core Real Estate
Agency Phone: (402) 933-4683

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