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$ 425,000
Est. payment /mo
Price Dropped by $70K
114 N Main Street Valentine, NE 69201
9,450 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 9,450 sqft
Price per Sqft $44
MLS Listing ID 11589858
Year Built 1938
Annual Tax Amount $1,461
Tax Year 2024
Lot Size 0.258 Acres
Property Description
Price Reduced Motivated Seller! Prime Main Street property with 18 unit apartment building ideal for investors seeking a maintained building with significant upside potential. Discover this vintage apartment building constructed in 1938, offering classic architecture and timeless appeal. The three-level structure comprises a total of 18 units, including 12 one-bedroom, 4 two-bedroom, and 2 efficiency apartments. Currently at 60% occupancy, this property presents a great opportunity for value-add investment and future growth. The building also features a full basement with potential to finish as a common area or laundry facility, enhancing tenant amenities and increasing revenue opportunities. Schedule your viewing today of this prime commercial opportunity downtown the Heart City! Legal: OT Lots 15 16 17 Blk 5 Valentine Lot Size: 75'x150' Property Taxes ( 2024): $1,460.68 Utilities: Electricity is separately metered with each tenant paying their own, except the 2 efficiency units. Common area electricity, propane, trash, & water are provided.
Location
State NE
County 31031
Rooms
Basement Full
Dining Room 0
Kitchen 0
Building
Story 2
Sewer Municipal
Water Municipal
Structure Type Masonry - Brick