Well-maintained 3-family property offering a strong investment opportunity in desirable Lincoln. The building features three 2-bedroom units, providing consistent rental demand and a well-balanced unit mix. The first and third-floor units have been updated, while the remaining unit offers value-add potential for future improvement. The property is fully rented, delivering immediate income with additional upside through continued updates and rental growth. This offering is part of a unique portfolio consisting of three separate 3-family properties (9 total units) that share a common parking area. Each property is individually deeded and being marketed separately; however, the seller is requiring a simultaneous closing for all three properties. Ideal for investors looking to scale with a package acquisition or coordinate a multi-buyer purchase.
| Date | Event | Price | $/Sqft | Source |
|---|---|---|---|---|
| Listed For Sale MultiFamily | $549,900 | $115 | Westcott Properties |
| Year | Annual Amount | Description |
|---|---|---|
| 2025 | $6,440 |
Senior High School Lincoln Senior High School | 2.5 miles away | 09 - 12 | |
Elementary School Lincoln Central Elementary School | 3.1 miles away | 02 - 05 | |
Middle School Lincoln Middle School | 4 miles away | 06 - 08 |