Sold for $275,000

$275,000

204-206 W Phillip Ave, Norfolk, NE 68701

7beds

5baths

2,464sqft

Apartment

Built in 1915

-- sqft lot

$334,000 Zestimate^®

$112/sqft

$1,322 Estimated rent

Home value

$334,000

$311,000 - $361,000

$1,322/mo

Zestimate^® history

Owner options

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$1,322/mo

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$1,322/mo

Rent Zestimate^®

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$1,818/mo

Est. payment

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$1,818/mo

Est. payment

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What's special

INVESTORS TAKE NOTE: CASH FLOW. 5 unit converted apartment building with clean units and separate utilities. Building has recent updates and appliances and windows throughout. New siding was just installed in the last couple of months and the front porch deck including vinyl railing will be completed in the next couple of weeks, weather permitting. Great property with low turnover and room for future revenue increases. 1 unit is currently furnished and rented furnished. Please note: Will need at least 24 hours for showings and buyers need to have their financing in place prior. Current rent roll is $3325 per month.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 5

Heating

Individual Heat

Cooling

Individual Air

Appliances

Included: Refrigerator, Stove

Features

Basement: Finished
Furnished: Yes

Interior area

Total structure area: 2,464
Total interior livable area: 2,464 sqft

Property

Parking

Parking features: No Garage

Features

Levels: Two

Lot

Size: 8,800 Square Feet

Details

Parcel number: 590084429

Construction

Type & style

Home type: MultiFamily
Property subtype: Apartment

Materials

Frame
Roof: Asphalt

Condition

Average
Year built: 1915

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Separate, Separate Meters

Community & HOA

Community

Features: Security Depost

Location

Region: Norfolk

Financial & listing details

Price per square foot: $112/sqft
Annual tax amount: $2,960
Price range: $275K - $275K
Date on market: 2/15/2024
Cumulative days on market: 1 day
Tenant pays: Gas, Electricity, Cable TV, Applies To Some, Applies To All

Price history

Date	Event	Price
3/8/2024	Sold	$275,000$112/sqft
Source: Norfolk BOR #240065 Report a problem
2/17/2024	Pending sale	$275,000$112/sqft
Source: Norfolk BOR #240065 Report a problem
2/15/2024	Listed for sale	$275,000$112/sqft
Source: Norfolk BOR #240065 Report a problem