1112 N 40th Street

    Omaha, NE 68131
    • $95,000
    • STATUS: Closed
    • MLS #: 21813635
    Sold - 08/31/2018
    $95,000
    SOLD - 08/31/2018
    • 0
      BEDS
    • Up to 1/4 Acre
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1895
    County:
    Area:
    231

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    Calling all investors! Rent as-is or fix up to take this property to the next price point with some sweat equity! This duplex conversion has new roof and windows on main level and basement. Other updates include front and back decks. Great location near bus line, churches, schools, entertainment and shopping! Both are two bed, one bath with large kitchen and closets. Both units are unoccupied but rent for $600.00 per unit with a 8.9% cap rate! Start cash flowing immediately!

    Monthly Payment Calculator



    Listing information © 2018 Great Plains Regional MLS. The information relating to real estate for sale on this website comes from the Internet Data Exchange program of the Great Plains Regional MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate by the MLS or Berkshire Hathaway Home Services Ambassador Real Estate. Data last updated 2018-11-15T07:34:14.653.
    www.omahaseliterealestategroup.com/homes/86020277

    1112 N 40th Street Omaha, NE 68131

    • Price: $110,000
    • Status: Closed
    • Updated: 17 min ago
    • MLS #: 21813635
    0
    Beds
    0
    Baths
    0
    ½ Baths
    Up to 1/4 Acre
    Acres
    1895
    Built
    Neighborhood:
    Walnut Hill
    County:
    Douglas
    Area:
    231
    Elementary School:
    Walnut Hill
    Middle School:
    Lewis And Clark
    High School:
    Benson
    School District:
    Omaha
    Property Description
    Calling all investors! Rent as-is or fix up to take this property to the next price point with some sweat equity! This duplex conversion has new roof and windows on main level and basement. Other updates include front and back decks. Great location near bus line, churches, schools, entertainment and shopping! Both are two bed, one bath with large kitchen and closets. Both units are unoccupied but rent for $600.00 per unit with a 8.9% cap rate! Start cash flowing immediately!
    Exterior Features

    Lot Dimensions 100 X 40 Parking Spaces 1

    Interior Features

    Basement Yes Basement Percent 50 Bedrooms U1 2 Bedrooms U2 2 Full Baths U1 1 Full Baths U2 1 Walk Out Basement No

    Property Features

    Agent Has Equity No Annual Exp Year End 3855 Annual Expense Source Owner Provided Assessments No Conversion Yes Effective Gross Income 13680 Insurance Expense 1555 Maintenance Expense 0 Management Expense 0 Multifamily Type Multi-Family Net Op Income 9825 New Construction Not New And Not A Model Operating Expense 3855 REO No Scheduled Gross Income 14400 Services Expense 0 Tax Amount 1389.4 Tax Year 2017 Taxes Partial Or Full Full Utility Expense 910 Vacancy Loss 720

    Listing information © 2018 Great Plains Regional MLS.
    Listing provided courtesy of Liberty Core Real Estate.


    Listing information © 2018 Great Plains Regional MLS. The information relating to real estate for sale on this website comes from the Internet Data Exchange program of the Great Plains Regional MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate by the MLS or Berkshire Hathaway Home Services Ambassador Real Estate. Data last updated 2018-11-15T07:34:14.653.
     
    Berkshire Hathaway Home Services Ambassador Real Estate
    331 Village Pointe Plaza
    Omaha NE, 68118