3625, 3633 & 3641 Baldwin Ave

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Address: 3625, 3633 & 3641 Baldwin Ave, Lincoln, Nebraska, US
Created date: February 13, 2024
Date last updated: May 15, 2024
  • Located just off of University of Nebraska-Lincoln's East Campus and just west of Nebraska Wesleyan
  • Near multiple retail corridors on N 48th St as well as Cornhusker Hwy
  • Newer roofs and many upgraded/newer mechanicals
  • Value Add opportunity through increasing rent to market rates

Property Description

This investment consists of three 4-plex buildings, all 2 bed 1 bath units, collectively generating a monthly gross income of $10,455 across all properties. Several significant maintenance expenses for the property have been addressed within the last five years. Many of the apartments have been converted to all electric units, helping to consolidate utilities for tenants. These properties offer a clear value-added opportunity with potential for rent increases, bringing them to market rent and creating more cashflow for a new owner. Upon viewing the properties you will notice that there is immense pride of ownership in these units.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $1,125,000
No. of Units: 12
Year Built: 1977
Lot Size: 0.16 Sq ft
Opportunity Zone: No
Price per unit: $93,750
Property Website Click Here
Address: 3625, 3633 & 3641 Baldwin Ave, Lincoln, NE 68504, USA
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