Lincoln, NE 68502,1620 Prospect Street
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Lincoln, NE 68502,1620 Prospect Street
Lincoln, NE 68502,1620 Prospect Street
Lincoln, NE 68502,1620 Prospect Street
Lincoln, NE 68502,1620 Prospect Street
Sam Wurm
Sam Wurm

Team Lead | License ID: 20200339

+1(402) 570-8002

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$ 460,000

$ 450,000 2.2%

Est. payment /mo
Sold on 04/30/2025

1620 Prospect Street Lincoln, NE 68502

6 Beds

3 Baths


UPDATED:

Key Details

Sold Price $460,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Burrs

MLS Listing ID 22503857

Sold Date 04/30/25

Bedrooms 6

Full Baths 2

Half Baths 2

Construction Status Not New and NOT a Model

HOA Y/N No

Year Built 1990

Annual Tax Amount $5,267

Tax Year 2024

Lot Dimensions 144 x 50

Property Sub-Type Multi-Family

Property Description

Showings will be held: Tuesday 2/18 12pm-1pm and Wednesday 2/19 12pm-1pm. 1990 Built 4plex perfect for house-hacking or investing. Potential Rents to $4800 per month beating the 1% rule! Featuring four spacious units, each with 3 bedrooms and 1.5 bathrooms. Two of the units have been beautifully remodeled with modern upgrades, including new flooring, fresh paint, updated kitchens, and stylish bathrooms, while the other two units remain well-kept and ready for tenants. Three out of four units currently tenant occupied. With strong rental income potential, this property is ideal for investors or owner-occupants looking to generate steady cash flow. Additional features include ample parking and a convenient location near shopping, schools, and public transportation.

Location

State NE

County Lancaster

Area Lancaster

Interior

Heating Forced Air

Heat Source Electric

Exterior

Parking Features None

Fence None

Building

Lot Description Up to 1/4 Acre.

Foundation Slab

Lot Size Range Up to 1/4 Acre.

Sewer Public Sewer, Public Water

Water Public Sewer, Public Water

Construction Status Not New and NOT a Model

Schools

Elementary Schools Prescott

Middle Schools Irving

High Schools Lincoln High

School District Lincoln

Others

Tax ID 10-36-117-008-000

Ownership Fee Simple

Acceptable Financing Conventional

Listing Terms Conventional

Financing Conventional


Listed by Realty ONE Group Sterling
Bought with HOME Real Estate
agent

Sam Wurm

Team Lead | License ID: 20200339

+1(402) 570-8002

GET MORE INFORMATION

Name
Phone*
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1620 Prospect Street