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 You are here: Virtual FSBO.com >> Homes for Sale by Owner >> United States >> Nebraska >> Jefferson County >> Fairbury >> Home ID#16425

Spacious Modern Home, Spacious Shop, Garages, Home for Sale by Owner
Fairbury, Nebraska

 
Home ID #16425
 

 
OWNER CONTACT
Name: Phone: Fax:
Greg Display Display
Email Homeowner
REAL ESTATE DETAILS
Address: Property Size/Details: Asking Price:
1123 8th Street 5 Bedrooms $264,900 USD
Fairbury, Nebraska 5 Bathrooms $32.32/sq. foot
68352 6 Car Garage Estimated Value
  8,200 Sq. Feet  
Neighborhood Profile .5 to 1 acre lot $1,429/month est. mortgage
Display on Map Built in 1986 View/Change Estimates
 
REAL ESTATE TYPE
  • Single Family Home
  •        
    AMENITIES
  • Alarm
  • Attic
  • Balcony
  • Basement
  • Central A/C
  • Fireplace
  • Golf Course
  • Patio
  •        
    OWNER DESCRIPTION
    NOTE: This ad may rotate between SINGLE FAMILY, DUPLEX/TRIPLEX, MULTI-FAMILY and COMMERCIAL, as the property is suited for each. I am negotiable for cash and open to consider your offer of terms, and may consider a carry-back loan based on your credentials. New Low Price:$264,900 for all buildings on 3 full city lots. If buyer of buildings wants the additional 5 "city" lots (suitable for 2-3 "building lots")the buyer can have them for $25,000 for a total of $289,900 for the whole 1/2 city block! Click the"VIRTUAL TOUR" link above and view the8 PICTURE-TOURS of the property PLUS many LINKS to local attractions, all available at my web site: www.redinc.info If you have qestions or if you experience any problems viewing my web-site please email me at gahergott@alltel.net A GREAT PACE TO LIVE WITH ADDED INVESTMENT OPORTUNITY: Housing prices in most major cities are reported to be at an all time high. Many experts on the television syndicated broadcasts are predicting a major correction in real-estate in the 30%-40% range! If you have big equity gains to protect you could lock them in by selling where your at, and buy into our market that has been napping for 20 years. That could be a win-win move! Fairbury, Nebraska is a dynamic community with expanding buisiness oportunities. Recentlywe have addedseveral businesses or expanding operations already here. Recent additions are: Orscheln Farm Store, Super Wal-Mart, Dollar General's Super Store, several fast food stores and others will follow. We have ahealthy economy,jobs, wages and housing values. In 1999-2001 this HOUSE was completely gutted and reconstructed as a 3-BEDROOM HOME on the upper level plus a WALK-IN-DAYLIGHT-APARTMENT on the lower level. The house was first built in 1986 and utilized as offices for the superintendent of schools. There has also been extensive upgrading done to the 50 foot x 60 foot COMMERCIAL metal building. The entire property has been a NON-SMOKING premises. The house could be considered a TWO STORY HOME with additional bedrooms plus a family room in the lower level. -OR- The house could be utilized as an UPPER/LOWER DUPLEX with the lower level an income producer. -OR- The lower level could be an EXTENDED-CARE-APARTMENT for family members. -OR-a "MOTHER-IN-LAW" apartment. -OR- The owners could live in the upper level, keep their RV in the commercial building and rent the lower level as a "CARETAKER'S APARTMENT" to have someone on the property to keep things ship-shape and watch over the property while they travel. The arrangement of the buildings makes this property HIGHLY ADAPTABLE to many uses both residential and commercial especially when you consider the huge shop and garages are connected and climate controlled. There is even an area suitable for an EFFICIENCY-APARTMENT or guests-quarters in the commercial building, the bathroom/shower is alredy installed. Plus there are two sewer connections at the back of the commercial buildig for locating an RV. There is a sewer connection for an RV inside the commercial building along with water and electric so the your RV becomes additional living space while garaged! The property and the buildings are in excellent and up-to-date condition and zoned R-2, multi-family. COMMERCIAL ZONING should be available through a proper application to planning and zoneing. The city of Fairbury is very pro-active when it comes to new business in Fairbury and their needs. The property boasts "Everything SHE wants in a home!" and "Everything HE wants in a shop!" A GREAT PLACE TO RETIRE! A GREAT PLACE TO LIVE! We enjoy a low population density and the Nebraska/Kansas boarder has a lot to offer the whole family. When you visit my web site you will find LINKS that will take you to tours of Fairbury and Nebraska and Kansas points of interest. Kansas is only 12 miles south. The links will show you our wealth of history, hunting, fishing, camping, boating, hiking and nature experiences available in the surrounding low population areas of Nebraska and Kansas. Many of us keep both Nebraska and Kansas hunting and fishing licenses and our boat licensing is reciprocal. We have some of the best hunting and fishing in the nation and more species of game and fish available to us (in abundance) than anywhere I know of. Locally we have two species of wild turkey, one of the nations best crappie lakes, bass ponds, trophy white-tails, top bobwhite quail and pheasant hunting. The natives are friendly and guide service is available. We have a nice trap and skeet range with leagues available to all and a high school trap team that has repeatedly taken national honors. This is an outdoors place for the whole family. The Property For Sale: 1/2 City Block w/House & Buildings @ 1123 8th STREET, Fairbury, Ne. 68352 Legal Description: Lots 1 through 8, Block 12, Kesterson and Buchanan's Addition, to the City of Fairbury, Jefferson County, Nebraska. Property offers aGREAT RESIDENCE Plus INCOME-POTENTIAL Plus BUILDING LOTS (VACANT): The lots are suitable for Duplexes, Apartments, Mini-Storage or can be sub-divided and sold separately.* All services are at the site as well as concrete alleys and streets and sidewalks.* A new survey was doneAugust-2005 * Owner will sell house and buildings separate from vacant lots. Owner will consider Carry-Back Financing,Owner will discount for cash sale.DISCLAIMER: The owner was a day to day participant to the professional re-building and additions to this property and prepared this data sheet to the best of his ability and memory for the sole purpose of describing the land and buildings in their best light. Please ask any questions you need to determine how this property will serve your needs. And if you are not an expert in real estate please consult your real estate representative before making your offer. STATISTICS AND MEASUREMENTS: Total land area is city block, 8 full city lots, which measure from curb to curb about 69,000 square feet. There are of course legal set backs for streets, alleys, sidewalks and etc. Total floor space of buildings is over 8200 square feet. The upper level of the house is 1472. The main level attached garage is 864. The lower entry-level daylight "Apartment" is 1472 including attached single garage. While re-building during 1999-2001 we made efforts to prepare the house for future conversion to an upper level & lower level duplex. Standard are 36" doors, 1 inch rise in one foot ramps, wheel chair accessibility to all rooms and levels. The metal building is 3000 square feet on the ground floor with a 1000 square foot loft. The detached garage/storage building is 560 square feet. Total square feet of concrete and washed-river-rock driveways and parking areas is over 8000 square feet. The wood deck on north side of house is irregular in shape approximately 15x27. The City Provides: Sewer, electric, police, fire department, garbage pick-up, and water. Other Utilities and Conveniences Installed: Peoples Natural Gas, Alltel phones, Warner-Cable and Dish Network satellite TV. The water, sewer and gas utilities are on the Hubble St. side of the property. All streets, sidewalks and alleys are concrete. School grades K-12 within 2 blocks, Pre-School 3 blocks, Jr. College 23 mi. UofN 65 mi. o The 50x 60 metal building is a heavy duty commercial style building (not one of the light duty systems widely advertised today). It has separate utilities including its own 200 Amp. Servide, two bathrooms, one with shower, two natural gas furnaces and commercial air conditioning. There are also three built in rooms suitable for offices or whatever. Inside the building is a sewer connection for an RV and at the north end of the metal building are two additional sewer connections for RVs. ZONING: This property is zoned R-2 "medium density residential" for Multi-Family occupancy which could be used for duplexes, tri-plexes, four-plexes, apartments, etc. Owner: Greg Hergott, Trustee for the "Twila M. Deger Trust", Fairbury, Ne. 68352.
     
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