1620 Prospect Street

Lincoln NE, 68502
6 Bed
4 Bath
0 Garage
0 Sqft

About 1620 Prospect Street

MLS ID#22503857
Listing courtesy of: Realty ONE Group Sterling


Showings will be held: Tuesday 2/18 12pm-1pm and Wednesday 2/19 12pm-1pm. 1990 Built 4plex perfect for house-hacking or investing. Potential Rents to $4800 per month beating the 1% rule! Featuring four spacious units, each with 3 bedrooms and 1.5 bathrooms. Two of the units have been beautifully remodeled with modern upgrades, including new flooring, fresh paint, updated kitchens, and stylish bathrooms, while the other two units remain well-kept and ready for tenants. Three out of four units currently tenant occupied. With strong rental income potential, this property is ideal for investors or owner-occupants looking to generate steady cash flow. Additional features include ample parking and a convenient location near shopping, schools, and public transportation.

Facts & Features

Bedrooms
6 Bedrooms
Bathrooms
4 Bathrooms
Garages
0
Sqft (Total)
0 Sqft
Sub Division
BURRS
Year Built
1990
Style
School District
Lincoln
Elementary
Prescott
Middle School
Irving
High School
Lincoln High

Interior

Coolingn/a
Fireplacesn/a
Other Featuresn/a
HeatingElectric, Forced Air
Appliancesn/a

Exterior

Roofn/a
Exteriorn/a
Other Featuresn/a
Garage Typen/a
Garage Spacesn/a

Mortgage Calculator

Est. Mo. Payment:   $1,234.00

Loan Payment
$0000.00
Mortgage Insurance
$0000.00
Taxes
$0000.00
%

This is not a commitment to lend. Not all borrowers will qualify. This is for illustrative purposes only and estimates are based on information you provided. Interest rates, mortgage insurance rates, and programs are subject to credit approval and available rates and terms will vary, sometimes drastically, based on borrower eligibility and program selected. For accurate interest rates and mortgage insurance rates please contact your mortgage consultant. For illustrative purposes FHA/VA and USDA loan amounts will include an estimate for the financed upfront MI amount.

The data relating to real estate for sale or rent on this web site comes in part from participation in IDX of one or more Multiple Listing Services. The listing broker is shown on each property’s page. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided 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. Listing information copyright 2025.

Financing Contact
Copyright © 2025 Nebraska Realty. All rights reserved.       Terms of Service     Privacy Policy     Agent Login   Accessibility Statement