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425 N St 4 Unit Apartment Building $299,000 ($74,750/Unit) 8% Cap Rate Gering, NE 69341

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INVESTMENT HIGHLIGHTS

  • Off street parking, washers and dryers in each unit

EXECUTIVE SUMMARY

newer furnaces, air conditioners and water heaters. new doors in building and each apartment. washers and dryers in each unit. off street parking. Property includes two units, all units include 2 bedrooms and 1 bath. Average rent per unit is $700/month.

PROPERTY FACTS

Price $299,000
Price Per Unit $74,750
Sale Type Investment
Cap Rate 8%
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.22 AC
Building Size 4,070 SF
Average Occupancy 100%
No. Stories 2
Year Built 1976
Zoning MFY

AMENITIES

UNIT AMENITIES

  • Dishwasher
  • Storage Space
  • Washer/Dryer Hookup

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 4 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
010239618
Land Assessment
$20,520
Improvements Assessment
$208,420
Total Assessment
$228,940
  • Listing ID: 37005920

  • Date on Market: 7/29/2025

  • Last Updated:

  • Address: 425 N St, Gering, NE 69341

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