1120 Park AvenueOmaha, NE 68105
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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
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Omaha, NE is a bustling city in the heart of the Midwest, offering a unique blend of urban amenities and Midwestern charm. Founded in 1854, it lies along the western banks of the Missouri River. As the largest city in Nebraska, Omaha is a vibrant economic hub with a diverse range of industries driving its growth. Home to several Fortune 500 companies, including Berkshire Hathaway and Mutual of Omaha, the city boasts a robust financial sector alongside a thriving healthcare industry, with institutions like the University of Nebraska Medical Center leading the way in medical research and innovation.
Culturally, Omaha is a haven for arts and entertainment enthusiasts. The historic Old Market District in downtown Omaha is a vibrant hub of activity, featuring art galleries, boutiques shops, and acclaimed restaurants. Museums like The Durham Museum and the Joslyn Art Museum showcase the city’s artistic and historical heritage, while the Steelhouse Omaha and the Omaha Performing Art Center host a variety of world-class performances throughout the year.
Sports fans also have plenty to cheer about in Omaha, with the city hosting events like the College World Series at the Charles Schwab Field Omaha, drawing baseball fans from around the country and is home to the Creighton Bluejays, member of NCAA Division I and Big East Conference. Additionally, Omaha’s parks and outdoor spaces, including the renowned Henry Doorly Zoo and Aquarium and the Heartland of America Park, provide ample opportunities for recreation and exploration.
With its strong economy, rich cultural scene, and welcoming community, Omaha offers something for everyone, making it an ideal destination to live, work and play.
If you are ready to start your home buying or selling journey, browse the latest real estate listings in Omaha, NE. You can also contact us—we are here to help!
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| blank | Principal | Taxes | INS / PMI | Other | Total |
|---|---|---|---|---|---|
| Monthly | $3,476.69 | $566.50 | $646.07 | $0.00 | $4,689.26 |
| Yearly | $41,720.28 | $6,798.00 | $7,752.84 | $0.00 | $56,271.12 |
| Total | $1,251,608.40 | $203,940.00 | $157,557.48 | $0.00 | $1,613,105.88 |
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1120 Park Avenue, Omaha, NE 68105.
1120 Park Avenue | MLS# 22608438
This multi-family property located at 1120 Park Avenue, Omaha, NE 68105 is currently listed for sale with an asking price of $579,000. Park Avenue is located within the Omaha school district. Search Omaha real estate on www.npdodge.com today.