About this home

Fully leased 3-unit investment property delivering approximately a 12% CAP rate, priced at just $74 per square foot. All units are currently tenant-occupied, ensuring immediate and consistent cash flow. Recent capital improvements include a newer roof and gutters, a new staircase to the second floor, updated hot water tanks, and a full renovation of the largest unit completed in 2023-minimizing near-term maintenance costs. Each unit features separate utilities, streamlining management and expense control. All appliances are included in the sale. Located in a highly accessible area with close proximity to shops, restaurants, and public transportation, and near the newer Cornerstone Ice Hockey Stadium Arena-supporting strong rental demand. Available as a standalone purchase or as part of a package with the neighboring property at 162 Lock Street, offering added scale and investment opportunity.

Facts and features

Schools

• North Park Junior High School

  middle · 7-8 · 0.6 mi

  4

• Emmet Belknap Intermediate School

  elementary · 5-6 · 1.2 mi

  3

• Lockport High School

  high · 9-12 · 1.6 mi

  6

• Christian Academy of Western NE

  elementary · K-12 · 0.5 mi

• Anna Merritt Elementary School

  elementary · K-4 · 0.6 mi

  6

• Roy Kelley Elementary School

  elementary · K-4 · 1.2 mi

  2

Price history

• May 6, 2026 · Listed$199,500
• Oct 5, 2023 · Sold$78,000
• Jul 1, 2022 · Listing Removed$99,900
• Mar 11, 2022 · Listed$99,900
• Aug 16, 2021 · Sold$135,000
• Jan 15, 2018 · Sold$25,500
• Oct 18, 2017 · Price Changed$25,500
• Oct 9, 2017 · Relisted$34,900

Tax history

• 2026$2,257 tax · $85,000 assessed
• 2025$2,224 tax · $85,000 assessed
• 2024$2,939 tax · $80,000 assessed
• 2023$3,354 tax · $135,000 assessed
• 2022$2,785 tax · $34,400 assessed
• 2021$1,342 tax · $34,400 assessed
• 2020$1,327 tax · $34,400 assessed
• 2017$956 tax · $34,400 assessed

Where it is