$550,000
$675,000
18.5%For more information regarding the value of a property, please contact us for a free consultation.
17 Beds
10 Baths
SOLD DATE : 06/05/2025
Key Details
Sold Price $550,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Smith & Sloss First Add
MLS Listing ID 22506727
Sold Date 06/05/25
Bedrooms 17
Full Baths 10
Construction Status Not New and NOT a Model
HOA Y/N No
Year Built 1996
Annual Tax Amount $4,328
Tax Year 2024
Lot Dimensions 184 x 96
Property Sub-Type Multi-Family
Property Description
Located in the heart of Geneva, this well-maintained single-story 10-plex offers an excellent investment opportunity. The complex features 7 spacious two-bedroom units and 3 comfortable one-bedroom units, each with off-street parking. Key Investment Highlights: 10 units - 7 2b/1b and 3 1b/1b. Built in 1996. Lot 17664 sq.ft. Building 7920 sq.ft. Many long-term tenants, 0% vacancy rate, and a waitlist of renters. Capital improvements include a new roof in 2018, and structural foundation repair completed in 2022/2023. 3 units have been remodeled. Opportunity for value-add in remaining units. Professionally managed for ease of ownership. All tenants on current leases with automatic rent increases. Opportunity to further increase leases to market value. Prime location near downtown amenities, and quick highway access. 20 minutes to I-80.
Location
State NE
County Fillmore
Area Fillmore
Interior
Heating Forced Air
Cooling Central Air
Appliance Disposal, Other, Range - Cooktop + Oven, Refrigerator, Washer
Heat Source Electric
Exterior
Exterior Feature Patio
Parking Features None
Fence None
Building
Lot Description Over 1/4 up to 1/2 Acre
Story Two
Foundation Poured Concrete
Lot Size Range Over 1/4 up to 1/2 Acre
Sewer Public Sewer, Public Water
Water Public Sewer, Public Water
Construction Status Not New and NOT a Model
Schools
Elementary Schools Fillmore Central
Middle Schools Fillmore Central
High Schools Fillmore Central
School District Fillmore Central
Others
Tax ID 300010990
Ownership Fee Simple
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
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