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$ 60,000
4 Beds
1,563 SqFt
$ 60,000
4 Beds
1,563 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Square Footage 1,563 sqft
Subdivision Ne
MLS Listing ID 20244384
Style Other
Bedrooms 4
Year Built 1931
Annual Tax Amount $502
Tax Year 2023
Lot Size 10,890 Sqft
Acres 0.25
Property Sub-Type Duplex
Property Description
Located in Lyman Nebraska, this unique two-home property offers an exceptional investment opportunity or an ideal living arrangement for extended families. The property comprises two single family homes, each boasting its own charm. The first home is a quaint 2-bedroom, 1-bathroom residence. This home is heated with a wood stove, but a natural gas heater could be easily added in the living room. Utilities on this home average $150/ month and is easy to rent at $650, tenant pays utilities. The second home is a quaint underground 1-bedroom, .75-bathroom. This home is electric heat and needs the baseboards replaced. It includes a refrigerator and range/ oven. Utilities for this home run an average of $85 and has rented for $350, tenant pays utilities. Both homes are on their own meters. There is a nice block, detached, garage with power and a swamp cooler and a garden shed, on the property. The property boundaries are visible by a chain link fence. The most unique feature is a working water pump. Both homes appear solid with no visible cracking of foundation or walls/ceilings. There have been some updates to the water heaters and plumbing. Roofs need replaced but they do not leak. In general, this property could use a little cleaning and paint and is ready to go. Last time either property was occupied was June of 2024. Whether you choose to live in one home and rent out the other, or rent out both homes, the potential for steady rental income is significant. With the growing demand for rental properties in the area, this is an opportunity you don't want to miss. (This property will not be able to be purchased with any type of government loan.) Owner MAY finance for $65,000 with $16,250 down, a 5% interest rate, amortized over 15 years with a balloon payment after 36 months. Payments would be approximately $385/ month. This does not include taxes or insurance. Please do not inquire if you don't have the money down. Seller will not "rent to own".
Location
State NE
County Scottsbluff
Area Nebraska
Zoning RESIDENTIAL
Interior
Heating Wood/Coal
Cooling Evaporative Window
Laundry Building
Exterior
Exterior Feature Stucco
Parking Features Garage
Fence Chain Link
Roof Type Asphalt/Fiberglass
Building
Foundation Concrete
Sewer City
Water Private Well, City
Schools and Properties Nearby
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