92 Spring Street Lincoln

$1,995,000
13,081 sq ft

The Property

Investor Alert!! Total of 9 units across 3 buildings all fully occupied with strong rental history and parking. Three 3 unit buildings which share a parking lot along with 5 garage bays make this investment opportunity too good to pass up! Addresses are 92 Spring St., 35 Central St. & 37 Central St. 6 out of the 9 total units have been taken to the studs within the past 3 years with all new wiring, plumbing, heating systems, and all cosmetic upgrades.

Total gross rents of nearly $16k/month (just under $188k/year). Properties are subdivided and would qualify for individual conventional loans as well.

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Listing Details

MLS Number

1401085

Lot Size:

0.30 acres

Features

  • Basement: Dirt Floor
  • Garage
  • Security
  • Security Lights
  • Bus
  • Highway Access
  • Interstate
  • Private School
  • Public School
  • Heating: Baseboard, Space Heater
  • Heating Fuel: Baseboard, Space Heater
  • Laundry
  • Free Standing
  • Year Built: 1900

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Market Trends for Commercial Properties
in Lincoln

  • Overview
    Homes for Sale Today11-89.7% decrease in inventory
    New on Market *2-33.3% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$0.00$144 decrease in List Price/Sq.Ft.
    Avg. Sale Price *$0$750,000 decrease in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *%-100% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$0.00$0 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *129 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 Westcott Properties

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