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1135 Sumner Street

Lincoln NE, 68502
5 Bed
3 Bath
0 Garage
2,540 Sqft
For Sale
$279,000.00
Est. Mortgage $1,345.00 / mo

About 1135 Sumner Street

MLS ID#22428878

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 current tenants are on a one year lease. With minimal maintenance requirements and recent upgrades to key systems like new HVAC, Water heater, foundation work with a 25 year transferable warranty, flooring, etc. Seller had a full inspection in 2021 and addressed all issues. 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.

Facts & Features

Bedrooms
5 Bedrooms
Bathrooms
3 Bathrooms
Garages
0
Sqft (Total)
2,540 Sqft
Sub Division
DAWSONS ADDITION SOUTH LINCOLN
Year Built
1905
Style
2 Story
Price/Sqft (AG)
$139.00
School District
Lincoln Public Schools
Elementary
Everett
Middle School
Irving
High School
Lincoln High

Interior

Cooling Central Air
Fireplaces n/a
Other Features n/a
Heating Forced Air
Appliances Dryer, Range - Cooktop + Oven, Refrigerator, Washer

Exterior

Roof n/a
Exterior n/a
Other Features n/a
Garage Type None
Garage Spaces n/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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The data relating to real estate for sale or rent on this web site comes in part from the IDX program of the Great Plains Regional MLS. The listing broker is shown on the bottom of each property's page. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information copyright 2024, Great Plains Regional MLS.

Listing courtesy of: Launch Realty, LLC

Financing

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