NOT LISTED FOR SALE
7 Beds
2 Baths
2,250 Sq Ft
5,227 Sq Ft Lot

Last Sold December 05, 2022

Last sale price $320,000 $142 Per Sq Ft

40 Days on Market

Highlights

  • Workshop
  • 3 Car Detached Garage
  • Baseboard Heating
  • Lincoln Senior High School Rated A-
  • Laundry Room
  • Utility Room

About This Home

As of December 2022

Suitable for both investors and owner occupants, 68 Summer Street offers large units, many updates, and is convenient to many amenities and highway access. Gross potential rents meet or exceed the 1% rule to make any investor happy or move right into the vacant second floor if you are an owner occupant. Space is abundant with 3 and 4 bedroom floor plans, a massive basement with possible expansion opportunity and exterior storage options with a carport and shed already in place. The second floor is move in ready, needing only your personal touches. The most affordable multifamily in Lincoln is ready for its next owner!

Last Agent to Sell the Property

Brett Read

Element Real Estate License #REB.0018929 Listed on: 10/25/2022

Co-Listed By

Andrew Casal

Gold Door Realty License #RES.0045836

Last Buyer's Agent

Rochelle Ziegler

Coldwell Banker Realty License #RES.0032215

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,218

Year Built

  • Built in 1890

Lot Details

  • 5,227 Sq Ft Lot

Parking

  • 3 Car Detached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,250 Sq Ft Home
  • Workshop
  • Utility Room
  • Laundry Room

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • 100 Amp Service
  • Water Heater

Community Details

  • 2 Units
  • Operating Expense $5,218

Listing and Financial Details

  • Tax Lot 262
  • Assessor Parcel Number 68SUMMERSTLINC

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,218

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.12
  • Co List Office Mls Id: ELEM
  • Co List Office Phone: 401-400-1329
  • Above Grade Finished Sq Ft: 2250.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1890
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Number Of Buildings: 1
  • Appliances: Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 7
  • Fireplace: No
  • Flooring: Laminate, Other, Vinyl
  • Dining Room Type: Laundry, Utility Room, Workshop
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 3.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5227.0
  • Parcel #: 68SUMMERSTLINC
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 5218.0

Tax Info

  • Tax Annual Amount: 5218.0
  • Tax Lot: 262
  • Tax Year: 2021

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2022 12/05/22 Sold $320,000 +7.0% $142 / Sq Ft
10/25/2022 10/25/22 For Sale $299,000 +86.9% $133 / Sq Ft
02/04/2019 02/04/19 Sold $160,000 -20.0% $44 / Sq Ft
01/05/2019 01/05/19 Pending -- -- --
07/12/2018 07/12/18 For Sale $199,900 -- $56 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1322969

State-Wide MLS

APN: LINC M:37 L:262.0 U: