Garfield St 8 Unit Apartment
$796,316
1624 Garfield St, Lincoln, NE 68502
For Sale
Unknown Listing Type
Active
Last Updated: 07/11/2025
6.8
Cap Rate
6,680 sqft
Building Size
Details:
Cap Rate: 6.8%
Building Size: 6,680 sqft
Lot Area: 0.22 acres
Units: 1
Occupancy: 87.5%
Year Built: 1984
Zoning: R6
Floors: 2
Parking Spots: 8
Description:
The Near South area of Lincoln offers a suburban setting with many single family and small multifamily dwellings while still being just minutes from downtown.
This built for purpose Eight Unit Low Rise Apartment Building features all 2 bed, 1 bath units and private lot parking with a 1:1 ratio. Strong value add component for light unit renovation and activation of the currently unused laundry room.
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