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2541 N 50th StreetLincoln, NE 68504

$835,000

23bd
6ba
12,922 sqft

Description

Contract Pending - Opportunities like this don't come along every day. We present to you a rare-to-find and wonderfully maintained 3-story sorority house. Rich in tradition with direct access to the beautiful Nebraska Wesleyan campus. The original house was built in the 1920's with building permits pulled in 1942, 1952 & 1960 to add onto this stately property. Boasting 12,922 sf of finish which includes a commercial kitchen, 23 sleeping rooms, 6 bathrooms with 8 bathing areas and 16 parking stalls. Next step uses are numerable with Nebraska Wesleyan University directly out the front door. Zoned R-6 this location is prime for a multiplex conversion, single family mansion, private club, school, religious facility, Airbnb, Bed & Breakfast or possibly even a boutique hotel, restaurant or bar with mixed use. With updates like a 2010 interior sprinkler system, 2011 HVAC, 2017 first floor common area remodel, 2021 new roof and 2022 full exterior paint there's loads to appreciate.

Home Highlights

Outdoor
Porch and Deck
A/C
Heating & Cooling
Price/Sqft
$65
Above Grade Sqft
10079
Price/Sqft AG
$83

Home Details for 2541 N 50th Street

Interior Features

Interior Details

Basement: Full and Partially Finished

Beds & Baths

Number of Bedrooms: 23
Number of Bathrooms: 6

Dimensions and Layout

Living area: 12922 Square Feet

Finished Area

Finished Area (above surface): 10079 Square Feet
Finished Area (below surface): 2843 Square Feet

Appliances & Utilities

Appliances: Range, Refrigerator, Water Softener, Freezer, Washer, Dishwasher, Dryer, Disposal, and Microwave
Laundry: Basement
Utilities: Electricity Available, Natural Gas Available, Water Available, and Sewer Available

Heating & Cooling

Heating: Electric and Heat Pump
Air Conditioning: Central Air and Window Unit(s)

Windows, Doors & Floors

Flooring: Wood, Vinyl, Carpet, Ceramic Tile, Luxury Vinyl, and Plank

Levels, Entrance & Accessibility

Flooring: 2.5 Story

Exterior Features

Exterior Home Features

Roof: Composition
Patio / Porch: Porch and Deck
Fencing: None
Foundation: Block

Parking & Garage

Parking: No Garage

Frontage

Road Surface Type: Paved

Water & Sewer

Sewer: Public Sewer

Property Information

Year Built

Year Built: 1920

Property Type / Style

Property Type: Residential
Property Subtype: Single Family Residence

Building

Construction Materials: Wood Siding and Brick/Other
Not a New Construction
Not Attached Property

Lot Information

Lot Area (sqft): 21330 sqft
Lot Area (acres): 0.49 acres

Property Information

Condition: Not New and NOT a Model
Parcel Number: 1717220009000

Property Taxes

Year: 2023
Tax: $16,188

Price & Status

Price

List Price: $835,000
Price Per Sqft: $65
Price Per Sqft AG: $83

Status

MLS Status: Cancelled
Status Date: 11/27/2024

Location

Direction & Address

City: Lincoln
Subdivision: University Place

School Information

Elementary School: Huntington
Elementary School District: Lincoln Public Schools
Middle School: Dawes
Middle School District: Lincoln Public Schools
High School: Lincoln Northeast
High School District: Lincoln Public Schools

Agent & Terms

Listing Agent

MLS ID: 22415269

Terms

Listing Terms: Conventional and Cash

Get More Information / Schedule Tour

acre team

ACRE Realty Group - Woods Bros Realty

(402) 730-0845

Phone

Listing provided by

Daria Springer, 402-440-4259
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