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702 N 5th St, Seward, NE, 68434

7beds
4baths
4,000sqft
$305,000
$76price/sqft
$2,334/moest. monthly cost
$93,360/yrincome needed

About This Home

Rare opportunity to own a high-performing student rental property with immediate cash flow. This 7-bedroom, 4-bath home is currently fully leased to college tenants through May 2027, offering stable and consistent rental income from day one. The property has a strong rental history and is well-suited for student housing, with multiple bedrooms, shared living spaces, and a functional layout ideal for maximizing occupancy. Investment Highlights: Fully leased through May 2027 Currently generating $2500 month ($30,000/year) 7 bedrooms / 4 bathrooms Consistent rental demand in the area Turnkey opportunity – tenants already in place Lease transfers with sale This is an ideal opportunity for investors seeking a low-vacancy, income-producing property in a high-demand rental market. Tenants are responsible for internet, cable, gas, and electric. Tenants are also in charge of yard maintenance (lawn & snow removal). Owner takes care of water and garbage. Located near Concordia University. Property is tenant-occupied. Showings available with notice. Do not disturb tenants. Contact Randy at 402-416-1007 for questions.

Getting Around

56
WalkingSomewhat Walkable
0
TransitVery Limited Transit
48
BikeSomewhat Bikeable

Schools

6/10
Seward Elementary SchoolGrades PK-40.8 mi
7/10
Seward Middle SchoolGrades 5-81.2 mi
8/10
Seward High SchoolGrades 9-120.6 mi

Construction

Condition

  • Year built: 1898

Materials

  • Foundation: Other
  • Roof: Composition

Type & Style

  • Home type: Unknown

Interior

Appliances

  • Appliances included: Dishwasher,Garbage disposal,Microwave,Range / Oven,Refrigerator

Basement

  • Basement: Finished

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 4
  • Full bathrooms: 2
  • 3/4 bathrooms: 1
  • 1/2 bathrooms: 1

Features

  • Flooring: Carpet,Laminate,Linoleum / Vinyl

Heating & Cooling

  • Heating features: Forced air,Other,Wall,Gas,Other
  • Cooling features: Refrigerator,Central,Evaporative,Other

Interior Area

  • Total interior livable area: 4,000 sqft

Property

Details

  • Parcel number: 800093593

Features

  • Exterior features: Other,Vinyl

Lot

  • Lot size: 0.25 Acres

Parking

  • Total spaces: 2
  • Parking features: Garage - Detached,On-street