1721 Whittier Street $1,875,000

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    1721 Whittier Street Lincoln, NE 68503

    • 0 Beds
    • 0 Baths
    • Multi-Family
    MLS# 21915527 | Pending
    Days On Market: 67 97 Views
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    Property Details

    This is a great development opportunity. Constructed with Low Income Tax Credits and all income and rent restrictions have now expired. 15 duplexes on 30 platted lots with individual utilities allow for individual sales as townhome units. Form an association and start selling townhomes. Project is on leased ground which seller has option to purchase in connection with a sale, land price is included. Operating expenses are available but continued operation as low income rentals is not the highest and best use. Recent appraisal of a 3 bedroom individual unit as a townhome was $111,000 for one unit! Room for garages. Project land is partially located in flood zone but seller obtained certificates of elevation for a LOMA certificate to remove all buildings from flood requirements. Two story duplexes consist of 26 three bedroom units, 2 four bedroom units and 2 two bedroom one story units. Backs up to bike trail, close to east campus. Appliances included, washer dryer hookups.

    • General Features
      • County Lancaster
      • New Construction Not New and NOT a Model
      • Property Subtype Multi-Family
      • Subdivision VILLAGE GREEN SUBDIVISION
      • Tax Amount $36,012
      • Tax Year 2018
      • Year Built 1990
    • Building Features
      • Basement No
      • Total No. of Parking Space 30
      • Type 1 Appliances Range,Refrigerator
      • Total of Garage Space 0
      • Total No. of Units 30
      • Heating Fuel Gas
      • Heating type Heat Pump
      • Fence None
      • Walkout Basement No
    • Room Features
      • Monthly Rent u 715
      • Monthly Rent u 895
      • Monthly Rent u 625
      • No. of Bedrooms u 4
      • No. of Bedrooms u 3
      • No. of Bedrooms u 2
      • No. of Floors u 2
      • Number of Units u 26
      • Number of Units u 2
      • Number of Units u 2
    • Property Features
      • Lot Dimensions 173444 total SF
      • Sewer and Water Public Water,Public Sewer
    • Schools
      • Elementary School Clinton
      • Middle School Culler
      • High School Lincoln Northeast

    Contact

    Gabrielle Premer

    Sales Associate

    HOME Real Estate At Midtown

    Office Phone: 402-436-4663
    • 2-10 Home Buyers Warranty
    • American Home Shield

    Neighborhood

    68503 (Lincoln) Demographics

    26Median Age
    5,336Population Density (per sq. mile)
    44%College Educated
    $32,178 Estimated Median Income
    1,892Estimated Total Home Owners
    4,241Estimated Total Renters
    31% / 69%Estimated Owner / Renter Divide
    2Estimated Average Household Size
    15,804Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $100,000 Median Sales Price
    13 Homes Sold
    10 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $1,875,000
        7/25/2019 1:56:37 PM Status Changed Source New Value: Pending
        7/16/2019 3:42:00 PM New in Database Source

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        Information is provided in part by Great Plains Regional MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. Data may not be reproduced or redistributed and may not be used for any purpose other than individual consumer's use. Copyright 2019 All rights reserved.

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