Property with Income Potential in Bridgeport
509 O Street, Bridgeport, NE
AUCTION ONLINE
Bidding Closes Wednesday, September 23rd, 2026 at 5:33 pm
Preview: Wednesday, September 9th, from 2:30 pm to 5:30 pm
Two Units • 1,576 sq. ft. Total (Both Units) • 13,584 sq. ft. Lot
This property is a diamond in the rough. You must take a look at this 1,576 total sq. ft. property, which could be remodeled into a duplex or a home, whichever meets your needs, with 788 sq. ft. in each unit. The South unit consists of a living room, bedroom, bath, and a west entryway for storage. The North unit consists of a living room, kitchen, 2 bedrooms, and a bath. This could easily be converted to a 3-bedroom with ample space for a full kitchen and a nice living room. It is zoned R-1 and can be a multi-family unit. This would make a high income-producing property for short- or long-term rental. Take advantage of the location and the potential!
LEGAL: Lots 5A & 5B, Heritage Subdivision of the Replat of Lot 2 and Part of Lot 1, Hospital Addition to the City of Bridgeport, Morrill County, Nebraska.
2025 REAL ESTATE TAX: Approx. $1,000.00 based on an assessed value of $63,910.00
SALE DAY DEPOSIT: $5,000. The balance will be due at closing on or before October 23rd, 2026.
TERMS: THIS IS AN INTERNET ONLY AUCTION - If you prefer to turn in a bid in person, please call the office at (308) 262-1150 to make arrangements. All Bidders must register and be approved for the auction online 24 hrs. prior to the close of the Auction. This property is to be sold in “as-is” Condition, and is not contingent upon loan approval. All inspections required must have been done prior to Bidding. The winning bidder shall execute a purchase agreement and is required to bring a Deposit of $5,000.00 in the form of wire transfer, cashier’s check, personal check, or cash to our office at the conclusion of the auction or by 12 pm the next business day. Balance due on or before October 23rd, 2026 when possession will be given. Sale subject to Seller confirmation, however, it’s the intention of the Seller to sell to the highest & best bidder. Any info supplied immediately prior to the sale closing supersedes all prior advertising.