Jace Letner
BEDS7
BATHS8
MLS#22608438
STATUSACTIVE
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONHanscom ParkField Club
SCHOOLOmaha
Property Description
Repositioned at $579,000 Fully renovated, fully furnished Park Ave Eight - 8-unit multifamily investment property, 4 minutes -1.5 miles to UNMC/Nebraska Medicine. In Omaha's historic Hanscom Park / Field Club area near Midtown, Downtown & I-480. This is a strong demand driver for furnished mid-term rental housing. 100% rented with current gross rents of $8,700/month; buyer to verify income, expenses, & lease terms. Professionally managed turnkey asset with each unit furnished for mid or short-term rental use. Rare for this area: large tenant parking lot with 10+ off-street spaces, sitting on over a 1/4-acre lot. Features include; new driveway & parking lot, updated roof, front/rear unit access, laundry facilities, basement shelter area & potential basement storage income. Rent Roll & T-17 available. Seller requests, serious buyers only please, POF or lender approval requested. Call Agent for details. $72,375 per door, 5.55 GRM, 18.03% gross rent-to-price ratio before expenses & debts
Property Features
Property Type: Multi Unit - Multiple
Cooling: Window Unit(s)
Days on Market: 62
Fireplaces: 1
Fuel Type: Gas
Heating: Natural Gas, Forced Air
Home Style: Three Or More
Lot Size: 0.26 Acres
Property Type: Multi Family
Roof Type: Composition
Stories: 3.0
Taxes: $6,798
Year Built: 1900
Feature Descriptions
Appliances: Washer, Dryer
Baths Full: 5
Directions: Take Exit 452 for I-480 North toward Downtown Omaha. Stay on I-480 N for about 2 miles. Take Exit 1B for Leavenworth Street. Turn right onto Leavenworth Street. Go about half a mile, then turn left onto Park Avenue. 1120 Park Ave on right
Exterior: Stucco
Fencing: None
Financing Terms: Private Financing Available, Conventional, Cash, Seller Assistance, Other
Fireplace Y/N: Yes
Foundation: Brick/Mortar
Lot Dimensions: 150 x 75
Original List Price: $599900
Parking: No Garage
Sewer: Public Sewer
Total Rooms: 6
Units: 8
Water: Public
Local Schools
High School: Central
Middle School: Norris
Elementary School: Field Club
School District: Omaha
Listed By / Shown By
Listed By
Agency Name: Realty ONE Group Sterling
Shown By
Agent Name: Jace Letner
Agent Phone: (402) 427-3558
Estimate Your Payment
Estimated Payment
$ 3,165.62 per month $2,430.25 Principal & Interest $566.50 Property Tax $168.88 Homeowner's InsuranceChange Payment Information
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