1416 O Street Omaha, NE 68107

NP Dodge Real Estate
NP Dodge Real Estate 402.255.5099

FNBO Mortgage

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Fantastic turnkey rental property for the seasoned investor or first timer! The only 2 building, 5 units you'll find for sale anywhere near this price point. Building one features one -2 bedroom unit, one -1 bedroom unit, 2- studio and Building 2 offers a one bedroom unit, all units have updated bathroom plumbing and units. A shed in back and coin operated laundry in the basement for additional income stream. Well cared for by the current owner, street parking, 4 stalls allocated for address, plus alley parking access, concrete patio and big yard make it a great area for tenants. Minutes from the Zoo, Close to restaurants, schools, Metro's south campus and downtown Omaha. Great resident base with tenants who enjoy living in the building. All units are leased. Phenomenal opportunity right now. Get it while you still can! AMA

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Details

Date Sold
Jun 15, 2022
Subdivision
Linwood Park
MLS
22209069
Garage Type
Off-Street Parking
Year Built
1920
Tax Year
2021
Tax Amount
$3,926
Basement
Yes
Lot Dimensions
100 x 130
Roof Type
Composition

Area Information

El Corazon (The Heart)

In 1884 cattle baron Alexander Hamilton Swan decided to purchase rural land south of the city of Omaha to establish a stockyards operation. Two years later it was incorporated as South Omaha with a population of 8,000. This rapid growth was a result of the influx of thousands of European immigrants coming to work in this regional stockyard and the booming meat packing industry. In 1915 the area was annexed by the city of Omaha and was home to over 40,000 people of many ethnic backgrounds—Czech, Italian, Polish, Lithuanian, Irish and Latino immigrants worked side by side. Small ethnic communities and retail centers developed, but soon inter cultural marriages and social contracts brought a more unified “South Omaha culture” which is found today. South Omaha’s location in the heart of a booming agricultural area allowed the Omaha Stock Yard to become the busiest livestock exchange in the world. However, by the middle of the 20 th century the cattle industry began to change and by the end of the 20 th century the stockyards were razed and replaced with retail and entertainment sites. Eventually, the Livestock Exchange Building was converted into a health center, condominiums and popular venue for social gatherings. Neighborhood retail centers have remained strong because of their charm, ethnic restaurants and grocery stores. The 24 th Street corridor remains vibrant as well with an emphasis on Hispanic services, restaurants, and cultural centers. It remains the center for various ethnic and religious celebrations. South Omaha retains its pride in its history and cultural diversity. It is home to one of the country’s best tourist attractions—the Henry Doorly Zoo. The Sokol Auditorium, El Museo Latino and Lauritzen Botanical Gardens are also visited by many each year. Well maintained homes in all price ranges can be found in the area and schools are celebrating their diversity, accomplishments, and pride.

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Photo of El Corazon (The Heart)

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FNBO Mortgage

We have mortgage solutions for your homeownership aspirations. When you’re ready to look or buy, or possibly refinance, I’ll put my expertise to work and be with you every step of the journey.

Count on a personalized and seamless experience—all the way to closing. Start the pre-qualification process by using our easy online application!

Kristi Lyons

NMLS# 536657

Mortgage Loan Officer

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This data was last updated on Jun 25, 2022. The data is subject to change or updating at any time without prior notice. All properties are subject to prior sale or withdrawal. The information was provided by members of The Great Plains Regional Multiple Listing Service LLC Internet Data Exchange or members of the Broker Reciprocity program of the Southwest Iowa Association of Realtors (SWIAR) and is copyrighted. Any printout of the information on this website must retain this copyright notice. The data is deemed to be reliable, but should be independently verified as no warranties of any kind, express or implied, are given. The information has been provided for the non-commercial, personal use of consumers for the sole purpose of identifying prospective properties the consumer may be interested in purchasing, and any other use is prohibited. The listing broker representing the seller is identified on each listing.