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114 N Main St, Valentine, NE, 69201

--beds
0baths
0sqft
$495,000
--price/sqft
$3,876/moest. monthly cost
$155,040/yrincome needed

About This Home

Price Reduced Motivated Seller! Prime Main Street property with 18 unit apartment building ideal for investors seeking a maintained building with significant upside potential. Discover this vintage apartment building constructed in 1938, offering classic architecture and timeless appeal. The three-level structure comprises a total of 18 units, including 12 one-bedroom, 4 two-bedroom, and 2 efficiency apartments. Currently at 60% occupancy, this property presents a great opportunity for value-add investment and future growth. The building also features a full basement with potential to finish as a common area or laundry facility, enhancing tenant amenities and increasing revenue opportunities. Schedule your viewing today of this prime commercial opportunity downtown the Heart City! Legal: OT Lots 15 16 17 Blk 5 Valentine Lot Size: 75'x150' Property Taxes ( 2024): $1,460.68 Utilities: Electricity is separately metered with each tenant paying their own, except the 2 efficiency units. Common area electricity, propane, trash, & water are provided.

Getting Around

67
WalkingSomewhat Walkable
0
TransitVery Limited Transit
73
BikeVery Bikeable

Schools

7/10
Valentine Middle SchoolGrades 5-80.2 mi
6/10
Valentine High SchoolGrades 9-120.6 mi
10/10

Construction

Condition

  • Year built: 1938

Materials

  • Roof: Flat
  • Construction materials: Masonry - Brick,Brick Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Basement

  • Area: 4725

Basement

  • Has basement: Yes
  • Basement: Full,Partially Finished

Features

  • Flooring: Hardwood,Carpet,Linoleum
  • Finished area above ground: 9,450

Heating & Cooling

  • Heating features: Propane,Forced Air
  • Cooling features: Wall/Window Unit(s)

Interior Area

  • Total structure area: 14,175

Property

Details

  • Lease amount: 0

Features

  • Stories: 2
  • Has view: Yes
  • View description: Street

Lot

  • Lot size: 0.26 Acres