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$ 79,900
Est. payment /mo
Active
219 3RD STREET Crawford, NE 69339
2 Beds
2 Baths
1,125 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type SINGLE FAMILY
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1001-1200
Square Footage 1,125 sqft
Price per Sqft $71
MLS Listing ID 27419
Style Split Foyer
Bedrooms 2
Year Built 1910
Annual Tax Amount $595
Tax Year 2025
Lot Dimensions 0.0861
Property Sub-Type SINGLE FAMILY
Property Description
Turnkey Income Property on a Corner Lot Looking for a rental that already pays for itself? This charming 1910 bungalow at 219 3rd St sits on a corner lot in Crawford and comes with a tenant already in place, meaning cash flow starts the day you close, not months down the road. The home offers 1,125 square feet of comfortable one-story living with 2 bedrooms and 2 bathrooms, forced-air heating and cooling, and classic character throughout, including vintage leaded-glass windows, an enclosed front porch, and a vine-covered exterior that gives the place real curb appeal. The corner lot location means extra light, easy access, and a great look from the street, the kind of detail tenants and future buyers both notice. Here's the number that makes this one stand out: current rent is $1,000 a month, which pencils out to $12,000 a year in gross rental income on a $79,900 asking price. That works out to a gross rent multiplier of about 6.7 — squarely in the range investors typically target for a solid-performing rental — and a great starting point for anyone building a rental portfolio or looking to add a low-cost, income-producing property to their lineup. The seller currently covers utilities, so incoming owners should factor that into their operating numbers, but even accounting for that, this is a rare combination: an occupied, income-producing property at an entry-level price point in a market where replacement cost alone would run well above the list price. Whether you're a seasoned investor looking to add a reliable performer to your portfolio, or a first-time landlord wanting a low-barrier way to get started, 219 3rd St offers immediate income, a manageable price point, and a great corner-lot location in Crawford. Properties like this — tenant-occupied, cash-flowing, and priced to move — don't sit on the market long. Contact Tommy Wiles at #1 Properties Ranch & Recreation, 308.360.2030, to schedule a showing or request financials. Quick Facts: Address: 219 3rd St, Crawford, NE 69339 Price: $79,900 Bedrooms / Bathrooms: 2 / 2 Living Area: 1,125 sq ft Lot: 3,750 sq ft corner lot (75' x 50') Year Built: 1910 Heating/Cooling: Forced air furnace Current Rent: $1,000/month (tenant-occupied) Utilities: Paid by seller Gross Annual Rent: $12,000 Gross Rent Multiplier: ~6.7 (typical target range for investors is roughly 4–7)
Location
State NE
Area Chadron / Crawford / Hyannis / Gordon / Rushville
Rooms
Kitchen Refrigerator
Interior
Heating Gas Forc Air, Central Air
Cooling Gas Forc Air, Central Air
Laundry Main
Exterior
Exterior Feature Wood
Parking Features None
Garage Description None
Utilities Available City Water, City Sewer, Natural Gas
Listed by #1 PROPERTIES RANCH & RECREATION, LLC
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