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1424 4Th Avenue

Scottsbluff, NE 69361
  • $650,000
  • STATUS: Active
  • MLS #: 22430471
UPDATED: 66 min ago
$650,000
  • 3
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 11,628
    SQFT
  • $56
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1917
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

This well-maintained 12-unit property offers a diverse mix of units: six 1-bed/1-bath, four 2-bed/1-bath, and two 2-bed/2-bath apartments. Constructed with an all-brick exterior, the building ensures low-maintenance costs and durability. Boasting a consistent history of 100% long-term occupancy, this property delivers a remarkable ROI of 12-15%. Its prime location supports steady demand, sitting just 3 hours north of Denver, CO, 1 hour from Cheyenne, WYhome to the famous Frontier Daysand 3 hours from South Dakota's Black Hills tourism. Rental incomes available upon request. The local economy is bolstered by thriving nursing and radiology colleges, a Trauma II hospital, and community colleges. This steady market provides insulation from typical real estate fluctuations. Whether you're a seasoned investor or looking for a stable, high-yield opportunity, this multi-family property is a reliable asset in a growth-driven region.

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Listing information © 2025 Great Plains Regional MLS. The information relating to real estate for sale on this website comes from the Internet Data Exchange program of the Great Plains Regional MLS. IDX information is provided exclusively 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. Information deemed reliable but not guaranteed accurate by the MLS or Sit Stay Homes. Data last updated 2025-01-14T07:33:45.22.
www.sitstayhomes.com/homes/158523143
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1424 4Th Avenue Scottsbluff, NE 69361

  • Price: $650,000
  • Status: Active
  • On Site: Days
  • Updated: 66 min ago
  • MLS #: 22430471
3
Beds
0
Baths
0
½ Baths
0.16
Acres
11,628
SQFT
$56
$/SQFT
1917
Built
Neighborhood:
Second Add
County:
Scotts Bluff
Area:
Scotts Bluff
Elementary School:
Other
Middle School:
Other
High School:
Other
School District:
Other
Property Description
This well-maintained 12-unit property offers a diverse mix of units: six 1-bed/1-bath, four 2-bed/1-bath, and two 2-bed/2-bath apartments. Constructed with an all-brick exterior, the building ensures low-maintenance costs and durability. Boasting a consistent history of 100% long-term occupancy, this property delivers a remarkable ROI of 12-15%. Its prime location supports steady demand, sitting just 3 hours north of Denver, CO, 1 hour from Cheyenne, WYhome to the famous Frontier Daysand 3 hours from South Dakota's Black Hills tourism. Rental incomes available upon request. The local economy is bolstered by thriving nursing and radiology colleges, a Trauma II hospital, and community colleges. This steady market provides insulation from typical real estate fluctuations. Whether you're a seasoned investor or looking for a stable, high-yield opportunity, this multi-family property is a reliable asset in a growth-driven region.
Exterior Features

Attached Garage YN No Carport YN No Construction Materials Brick Covered Spaces 0 Fencing None Foundation Details Concrete Perimeter Garage YN No Lot Features Over 1/4 up to 1/2 AcreCorner Lot Parking Features No Garage Parking Total 0 Patio And Porch Features Enclosed Porch Roof FlatOther

Interior Features

Appliances Range - Cooktop + OvenRefrigeratorWater Softener Basement Walk-Out Access Basement YN Yes Building Area Total 11628 Cooling Window Unit(s) Cooling YN Yes Fireplace YN No Heating ElectricWall Furnace Heating YN Yes Levels Two

Property Features

Association YN No Listing Terms CashPrivate Financing Available New Construction YN No Ownership Fee Simple Property Condition Not New and NOT a Model Property Sub Type Multi Family REO NO Sewer Public Sewer Tax Annual Amount 6743 Tax Year 2023 Total Actual Rent 1775 Water Source Public

Listing information © 2025 Great Plains Regional MLS.
Listing provided by Kirk Bennett of Byowner.com: .


Listing information © 2025 Great Plains Regional MLS. The information relating to real estate for sale on this website comes from the Internet Data Exchange program of the Great Plains Regional MLS. IDX information is provided exclusively 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. Information deemed reliable but not guaranteed accurate by the MLS or Sit Stay Homes. Data last updated 2025-01-14T07:33:45.22.
 
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