68 Winter Street Lincoln

$980,000
8,708 sq ft

The Property

6-unit multifamily in the Manville section of Lincoln, offered cross-listed as Multi-Family MLS#1415803. Whether you are expanding an existing portfolio or stepping into your first 6-plus unit investment, this Manville multifamily delivers a proven income stream with low overhead. Unit mix of (4) three-bedroom and (2) two-bedroom apartments. Large units with a strong rental history, all utilities paid by the tenant.

Lead certificates in place. The building features 6 new individual heating systems and a roof approximately 3 years old, keeping deferred maintenance to a minimum. Ample off-street parking including 6 detached garages and 3 storage units providing additional revenue opportunity. Located in the Lincoln school district. With a 2025 expense ratio of just 26 percent on gross income of 92K, the property operates lean. P and L available upon request.

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Listing Details

MLS Number

1415790

Lot Size:

0.21 acres

Features

  • Laundry Room
  • Bus
  • Highway Access
  • Shopping
  • Heating: Baseboard, Forced Water
  • Heating Fuel: Baseboard, Forced Water
  • Laundry
  • Paved
  • Urban
  • Year Built: 1873

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Market Trends for Commercial Properties
in Lincoln

  • Overview
    Homes for Sale Today9-92.3% decrease in inventory
    New on Market *2100% increase in new listings
    Avg. Asking Price/Sq.Ft. *$58.29$10 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$860,000$500,000 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *101.30%25% increase in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$75.16$34 decrease in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *48183 decrease in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

    Contact Us

    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by Here Realty

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