Description
Great opportunity for owner occupant and investor alike. This income-generating 3-unit property offers strong rental potential in the desirable Lonsdale area of Lincoln. Great location: walking distance to Lincoln Shopping Center plaza, close to highways and Blackstone River Bike Path. Situated on an oversized lot featuring a spacious yard, off-street parking for six vehicles, and a detached two-car garage—ideal for additional rental income, a workshop, or tenant storage. Updated heat & electric, brand new hot water tanks, updated gutters and brand-new driveway. Dry basement for laundry and storage. However, property interior is dated and needs updating. Earn sweat equity, live in one unit while updating the others. Two units are rented currently. Property does not pass FHA rental self sufficiency rule.
- Principal and Interest
- Property Tax
- HOA fee