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Sold for $525,000 on 07/09/25
  • $525,000

    1025 C St, Lincoln, NE 68502

    6beds
    --sqft
    Multi Family
    Built in 1966
    -- sqft lot
    $525,900 Zestimate®
    $--/sqft
    $1,916 Estimated rent

    What's special

    Turnkey 6-Plex Investment Opportunity – Strong Cash Flow & Recent Updates! This well-maintained 6-unit multifamily property features all 1-bedroom, 1-bathroom units with individual living spaces—ideal for attracting long-term tenants in today’s rental market. With a current total monthly rent of $4,515 plus an additional $150–$200/month in laundry income, the property generates a strong annual income between $55,980 and $56,580. Units #2, #5, and #6 have been recently updated, offering a mix of modern finishes and consistent rental performance. Unit #5 has undergone an extensive remodel, making it a standout unit within the property. Unit #6 was upgraded with a new mini-split system installed on March 1, 2025, providing efficient heating and cooling. Allo Fiber internet has been run to the building and on-site laundry provides extra income and convenience for tenants. This property is a solid investment opportunity for both seasoned and new investors, with immediate cash flow.

    Zillow last checked: 7 hours ago

    Listing updated: July 11, 2025 at 10:42am

    Listed by:

    Ryan Pierce 402-770-7559,

    SimpliCity Real Estate,

    Joe Kubick 402-890-3069,

    SimpliCity Real Estate

    Bought with:

    Jenni Limbach, 20200393

    Arrow Brokerage

    Source: GPRMLS,MLS#: 22511735MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 6
    • Full bathrooms: 6
    Heating
    • Electric, Other
    Cooling
    • Other
    Appliances
    • Included: Range, Refrigerator
    • Laundry: Common Area
    Features
    • Basement: Walk-Out Access
    • Has fireplace: No

    Property

    Parking
    • Total spaces: 10
    • Parking features: No Garage
    • Covered spaces: 10
    Features
    • Fencing: None
    Lot
    • Size: 7,100 sqft
    • Dimensions: 50 x 142
    • Features: Up to 1/4 Acre.
    Details
    • Parcel number: 1026429006000

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick/Other, Frame
    • Foundation: Block
    • Roof: Composition
    Condition
    • Not New and NOT a Model
    • New construction: No
    • Year built: 1966

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Lincoln
    • Subdivision: ORIGINAL LINCOLN

    HOA & financial

    Other financial information
    • Total actual rent: 4515

    Other

    Other facts
    • Listing terms: VA Loan,FHA,Conventional,Cash
    • Ownership: Fee Simple
    Services availability
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