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4648 Cuming Street Omaha, NE 68132
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Key Details
Sold Price $1,360,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Walnut Hill
MLS Listing ID 22314417
Sold Date 08/31/23
Construction Status Not New and NOT a Model
HOA Y/N No
Year Built 1963
Annual Tax Amount $19,499
Tax Year 2022
Lot Dimensions 100x150
Property Sub-Type Multi-Family
Property Description
Great rental opportunity in the desirable Walnut Hill neighborhood. All-Brick 2 building complex consisting of 12 units each: 22 - 1B/1B, 2 studio units - one rentable & one currently being used for extra storage but could easily be turned back into a rentable unit for added income. On site laundry (1 in each building) operated by 3rd party vendor. New Roof/Gutters/Parking Lot Overlay (2018) & wall AC units replaced w/in last couple yrs. Baths upgraded w/ tile shower surround & flooring. Commercial grade LVP flooring placed in most units while undergoing renovations, along w/ fixtures & appliances as needed. Off-street parking available. Electric separately metered. Near full occupancy (95.7%). Property management company already in place. All pics prior to tenants move-in. Tenants pay electric. New tenants pay $80 reimbursement fee for water/sewer/gas. Market Rent $695/mo. All units are similar. Agent has equity; Seller and Seller agent related.
Location
State NE
County Douglas
Area Douglas
Interior
Heating Forced Air
Cooling Window AC
Heat Source Gas
Exterior
Parking Features None
Fence None
Building
Lot Description Over 1/4 up to 1/2 Acre
Foundation Poured Concrete
Lot Size Range Over 1/4 up to 1/2 Acre
Sewer Public Sewer, Public Water
Water Public Sewer, Public Water
Construction Status Not New and NOT a Model
Schools
Elementary Schools Dundee
Middle Schools Lewis And Clark
High Schools Central
School District Omaha
Others
Tax ID 2405420000
Ownership Fee Simple
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
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Bought with Nebraska Realty