$875,000
$835,000
4.8%For more information regarding the value of a property, please contact us for a free consultation.
2541 N 50th Street Lincoln, NE 68504
Key Details
Sold Price $875,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision University Place
MLS Listing ID 22415270
Sold Date 12/04/24
Construction Status Not New and NOT a Model
HOA Y/N No
Year Built 1920
Annual Tax Amount $16,188
Tax Year 2023
Lot Dimensions 150 x 142
Property Description
Contract Pending - Opportunities like this don't come along every day. We present to you a rare-to-find and wonderfully maintained 3-story sorority house. Boasting 12,922 sf of finish which includes a commercial kitchen, 23 sleeping rooms, 6 bathrooms with 8 bathing areas and 16 parking stalls. Next step uses are numerable with Nebraska Wesleyan University directly out the front door. Zoned R-6 this location is prime for a multiplex conversion, single family mansion, private club, school, religious facility, Airbnb, Bed & Breakfast or possibly even a boutique restaurant or bar with mixed use. With updates like a 2010 interior sprinkler system, 2011 HVAC, 2017 first floor common area remodel, 2021 new roof and 2022 full exterior paint there's loads to appreciate.
Location
State NE
County Lancaster
Area Lancaster
Interior
Interior Features 9'+ Ceiling, Fire Sprinklers, Security System
Heating Heat Pump
Cooling Central Air, Window AC
Appliance Dishwasher, Disposal, Dryer, Freezer, Microwave, Range - Cooktop + Oven, Refrigerator, Washer, Water Softener
Heat Source Electric
Exterior
Exterior Feature Porch, Deck/Balcony
Parking Features None
Fence None
Building
Lot Description Over 1/4 up to 1/2 Acre
Story Three+
Foundation Concrete Block
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 Huntington
Middle Schools Dawes
High Schools Lincoln Northeast
School District Lincoln
Others
Tax ID 17-17-220-009-000
Ownership Fee Simple
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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Bought with Non Member office