NOT LISTED FOR SALE
8 Beds
4 Baths
2,860 Sq Ft
6,200 Sq Ft Lot

Last Sold June 06, 2019

Last sale price $117,000 $41 Per Sq Ft

4 Days on Market

Highlights

  • Deck
  • Brick or Stone Mason
  • Forced Air Heating System
  • No HOA

About This Home

As of June 2019

RARE opportunity here- fully occupied fourplex with super cash flow potential! Gross rents over $2000 per month. Four 2BR, 1BA units- all leased with mostly long term tenants. Alley access with small parking lot for property. Separately metered for electric and gas. Owner pays water and sewer. Many updates done in past 12 years, including 50-yr tar roof, electrical, plumbing, water heaters, furnaces, plus interior updates done in each unit prior to move ins. North Omaha area recently awarded a $25 million grant for revitalization. It's rare to find an investment property with immediate cash flow like this!

Last Agent to Sell the Property

Sarah Guy

Nebraska Realty Brokerage Phone: 402-915-2009 License #20130367 Listed on: 05/20/2019

Nebraska Realty

Last Buyer's Agent

Melissa Vinckier

Better Homes and Gardens R.E. License #20150694

Better Homes and Gardens R.E.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,406

Year Built

  • Built in 1925

Lot Details

  • 6,200 Sq Ft Lot
  • Lot Dimensions are 50 x 124

Home Design

  • Flat Roof Shape
  • Brick or Stone Mason
  • Brick Foundation

Interior Spaces

  • 2,860 Sq Ft Home
  • Walk-Out Basement
  • Oven

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Deck

Schools

  • King Science Middle School
  • Central High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Total Actual Rent $2,065
  • Assessor Parcel Number 2015120000
  • Tax Block 37

Community Details

Overview

  • No Home Owners Association
  • 2,860 Sq Ft Building
  • Plainview Subdivision

Building Details

  • Insurance Expense $1,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,406

Year Built

Built in 1925

Lot Details

6,200 Sq Ft Lot

Listing Details

  • Parcel Number: 2015120000
  • Property Sub Type: Multi Family
  • Year Built: 1925
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1423
  • Lot Size: 50 x 124
  • Ownership: Fee Simple
  • Subdivision Name: Plainview
  • Directions: 75 North Expy to Lake St Exit. East on Lake st to 24th st, then North to property. Parking in rear
  • Carport Y N: No
  • New Construction: No
  • ResoBuildingAreaSource: Assessor
  • Remarks22: Agent has equity. AMA. Firm appointment with 24 hour notice required due to tenants. All units occupied- 2 tenants has been in place since 2014, 1 since 2015 and one since 2018. Tenants all maintain their own window AC units and pay own gas and electric. Owner pays water and sewer (approximately $130 per month) and electric for shared spaces (approximately $25/mo).
  • Attribution Contact: M: 402-915-2009
  • Special Features: None

Interior Features

  • Interior Amenities: None
  • Basement: Walk-Out Access
  • Appliances: Range - Cooktop + Oven, Oven - No Cooktop, Refrigerator, Connections Unknown
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Fireplace: No
  • Living Area: 2860
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Foundation Details: Brick/Mortar
  • Fencing: None
  • Construction Type: Brick
  • Patio And Porch Features: Deck
  • Property Condition: Not New and NOT a Model
  • Roof: Flat

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street
  • Total Parking Spaces: 4

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • High School: Central
  • Elementary School: Lothrop
  • Junior High Dist: Omaha
  • Middle Or Junior School: King Science

Lot Info

  • Lot Features: Up to 1/4 Acre., Alley
  • Lot Size Sq Ft: 6200
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Insurance Expense: 1000
  • Number Of Units Total: 4
  • Total Actual Rent: 2065

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 1406.22
  • Tax Block: 37
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/06/2019 06/06/19 Sold $117,000 -6.4% $41 / Sq Ft
05/24/2019 05/24/19 Pending -- -- --
05/20/2019 05/20/19 For Sale $125,000 +37.4% $44 / Sq Ft
03/04/2014 03/04/14 Sold $91,000 -4.2% $42 / Sq Ft View Prior Sale
01/15/2014 01/15/14 Pending -- -- --
12/20/2013 12/20/13 For Sale $95,000 -- $44 / Sq Ft
Source: Great Plains Regional MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,731 $193,600 $25,500 $168,100
2024 $3,563 $168,900 $800 $168,100
2023 $3,563 $168,900 $800 $168,100
2022 $2,596 $121,600 $800 $120,800
2021 $2,574 $121,600 $800 $120,800
2020 $2,815 $131,500 $800 $130,700
2019 $1,404 $65,400 $800 $64,600
2018 $1,406 $65,400 $800 $64,600
2017 $1,290 $65,400 $800 $64,600
2016 $1,290 $60,100 $700 $59,400
2015 $1,499 $70,800 $6,200 $64,600
2014 $1,499 $70,800 $6,200 $64,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Plains Regional MLS

MLS Number: 21909872

Great Plains Regional MLS
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