4942 Madison Avenue

Lincoln NE, 68508
8 Bed
4 Bath
0 Garage
4,640 Sqft

About 4942 Madison Avenue

MLS ID#22423664
Listing courtesy of: Nebraska Realty


Amazing investment opportunity one block from Wesleyan University! 4-plex mansion apartment conversion with 4640 finished sqft & covered front porch on corner of large, double lot. Fully rented for total of $4090/mo. Massive main floor 4-bed apartment rents by room to 4 tenants & boasts newer high-efficency furnace, hardwood floors, updated kitchen, huge family room area with gorgeous windows and built-ins; easy access to main floor laundry. 2nd Floor has 2 separate apartments - Apt #2 is super spacious 3 bed, beautifully remodeled; Apt #2A is big studio apartment with 3/4 bath; 3rd floor is huge 1+bed apartment. Main floor laundry for all units; off street and street parking. Multi MLS #22423667

Facts & Features

Bedrooms
8 Bedrooms
Bathrooms
4 Bathrooms
Garages
0
Sqft (Total)
4,640 Sqft
Sub Division
University Place
Year Built
1887
Style
2.5 Story
School District
Lincoln Public Schools
Elementary
Riley
Middle School
Dawes
High School
Lincoln Northeast
Buyer Broker Offer of Compensation
2%

Interior

CoolingCentral Air,Window AC
Fireplaces1
Other Featuresn/a
HeatingForced Air
AppliancesRange - Cooktop + Oven, Refrigerator

Exterior

RoofComposition
ExteriorSteel Siding,Other
Other Featuresn/a
Garage TypeOff-Street Parking
Garage Spacesn/a

Mortgage Calculator

Est. Mo. Payment:   $1,234.00

Loan Payment
$0000.00
Mortgage Insurance
$0000.00
Taxes
$0000.00
%

This is not a commitment to lend. Not all borrowers will qualify. This is for illustrative purposes only and estimates are based on information you provided. Interest rates, mortgage insurance rates, and programs are subject to credit approval and available rates and terms will vary, sometimes drastically, based on borrower eligibility and program selected. For accurate interest rates and mortgage insurance rates please contact your mortgage consultant. For illustrative purposes FHA/VA and USDA loan amounts will include an estimate for the financed upfront MI amount.

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