Lincoln, NE 68502,1135 Sumner Street
Lincoln, NE 68502,1135 Sumner Street
Lincoln, NE 68502,1135 Sumner Street
22
$255,000
$279,000
8.6%
Est.Price: ?

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5 BD
3 BA
2,540 SqFt

1135 Sumner Street Lincoln, NE 68502

Est. payment /mo
SOLD DATE : 05/07/2025

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Key Details

Sold Price $255,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,540 sqft

Price per Sqft $100

Subdivision Dawsons Addition South Lincoln

MLS Listing ID 22507768

Sold Date 05/07/25

Style 2 Story

Bedrooms 5

Construction Status Not New and NOT a Model

HOA Y/N No

Year Built 1905

Annual Tax Amount $4,282

Tax Year 2024

Lot Size 7,840 Sqft

Acres 0.18

Lot Dimensions 50' x 150.

Property Sub-Type Triplex

Property Description

This well maintained conversion triplex offers a fantastic investment opportunity with a monthly rental income of $2,475. Possibility of getting to $2600. The property features three distinct units, each with private entrances that maximize space and comfort. Each unit includes functional kitchen spaces, cozy living areas, and full bathrooms, making them highly attractive to tenants. Located in the near south neighborhood close to transit and schools, this triplex benefits from steady tenant demand. All units are occupied and have a year long leas. With minimal maintenance requirements and recent upgrades to key systems like new HVAC, Water heater, new roof with high impact shingles, foundation work with a 25 year transferable warranty, flooring, etc. This property is designed for effortless ownership and reliable cash flow. Whether you're a seasoned investor or just starting, this triplex offers a strong return on investment with room to grow in the future.

Location

State NE

County Lancaster

Area Lancaster

Rooms

Basement Partially Finished

Interior

Heating Forced Air

Cooling Central Air

Appliance Dryer, Range - Cooktop + Oven, Refrigerator, Washer

Heat Source Gas

Laundry Basement

Exterior

Exterior Feature Porch

Parking Features None

Fence Wood

Building

Lot Description Alley, In City, Public Sidewalk

Foundation Stone

Lot Size Range Up to 1/4 Acre.

Sewer Public Sewer, Public Water

Water Public Sewer, Public Water

Construction Status Not New and NOT a Model

Schools

Elementary Schools Everett

Middle Schools Irving

High Schools Lincoln High

School District Lincoln Public Schools

Others

Tax ID 10-35-225-003-000

Ownership Fee Simple

Acceptable Financing Conventional

Listing Terms Conventional

Financing Conventional

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Listed by Launch Realty, LLC
Bought with Excel Realty Group LLC

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agent

Kaylie Beebe

Agent | License ID: 20200878

+1(402) 208-4361

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