1120 Park Avenue, Omaha, NE 68105
- $579,000
- 7
- BD
- 8
- BA
- List Price
- $579,000
- Price Change
- ▼ $20,900 1778444122
- MLS#
- 22608438
- Status
- ACTIVE
- County
- Douglas
- Bedrooms
- 7
- Bathrooms
- 8
- Year Built
- 1900
Property Description
Park Ave 8 presents a rare opportunity to acquire a fully furnished, professionally managed 8-unit investment just 1.5 miles from UNMC/Nebraska Medicine in the Hanscom Park/Field Club area near I-480. Offered at approximately $72,375 per unit, the property features substantial completed improvements, including $397,434 in documented 2023 rehabilitation plus approximately $24,319 in later owner-reported updates to the roof, parking lot, driveway, plumbing, electrical, gas line, water heaters, fencing and coin laundry. Furnished units support mid- or short-term rental strategies. Additional features include 8+ off-street spaces on over 1/4 acre, front and rear access, basement shelter space and potential storage income. Seller financing is available to qualified purchasers with $300,000 down, balance amortized over 15 years, and a negotiable rate based on prevailing market conditions. See attached financials and repair history. POF or lender approval requested. Call agent for details.
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Additional Information
- Elementary School
- Field Club
- Fence
- None
- Fireplaces
- 1
- Garage Type
- No Garage
- High School
- Central
- Lot Description
- Over 1/4 up to 1/2 Acre
- Middle School
- Norris
- School District
- Omaha
- Subdivision
- Hanscom Park, Field Club
- Tax Amount
- $6,798
- Tax Year
- 2025
- Year Built
- 1900
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Listing courtesy of Realty ONE Group Sterling.
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