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4942 Madison Avenue

Lincoln NE, 68508
8 Bed
4 Bath
0 Garage
4,640 Sqft
For Sale
$350,000.00
Est. Mortgage $1,345.00 / mo

About 4942 Madison Avenue

MLS ID#22423664

Magnificent Mansion conversion to 4-plex with 4640 finished sqft & covered front porch on corner of large, double lot. Amazing investment opportunity one block from Wesleyan University! Currently gets $4090/mo in rent. 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 super spacious 3 bed, beautifully remodeled; Apt #2A big studio apartment with 3/4 bath; 3rd floor huge 1+bed apartment. Main floor laundry; off street & 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
Price/Sqft (AG)
$75.00
School District
Lincoln Public Schools
Elementary
Riley
Middle School
Dawes
High School
Lincoln Northeast

Interior

Cooling Central Air,Window AC
Fireplaces 1
Other Features n/a
Heating Forced Air
Appliances Range - Cooktop + Oven, Refrigerator

Exterior

Roof Composition
Exterior Other,Steel Siding
Other Features n/a
Garage Type Off-Street Parking
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: Nebraska Realty

Financing

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