Description

Located in Lyman Nebraska, this unique two-home rental property offers an exceptional investment opportunity or an ideal living arrangement for extended families. The property comprises two single family homes, each boasting its own charm. The first home is a quaint 2-bedroom, 1-bathroom residence. This home is heated with a wood stove, but a natural gas heater could be easily added in the living room. Utilities on this home average $150/ month and is easy to rent at $650, tenant pays utilities. The second home is a quaint underground 1-bedroom,.75-bathroom. This home is electric heat and needs the baseboards replaced. It includes a refrigerator and range/ oven. Utilities for this home run an average of $85 and has rented for $350, tenant pays utilities. Both homes are on their own meters. There is a nice block, detached, garage with power and a swamp cooler and a garden shed, on the property. The property boundaries are visible by a chain link fence. The most unique feature is a working water pump. Both homes appear solid with no visible cracking of foundation or walls/ceilings. There have been some updates to the water heaters and plumbing. Roofs need replaced but they do not leak. In general, this property could use a little cleaning and paint and is ready to go. Last time either property was occupied was June of 2024. Whether you choose to live in one home and rent out the other, or rent out both homes, the potential for steady rental income is significant. With the growing demand for rental properties in the area, this is an opportunity you don't want to miss.

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Listed by: Simply Real Estate