3848 Hamilton Street Omaha, NE 68131

The Bill Black Team

NP Dodge Real Estate
Sales Team

402.680.2500

FNBO Mortgage

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Discover a lucrative 12-home investment portfolio! Valued at an unbeatable price of $1,750,000, this remarkable package presents an incredible opportunity. All properties are currently tenant-occupied, ensuring immediate rental income. A significant number of these homes have been recently updated, offering modern features and amenities. With this diverse portfolio, you'll enjoy a steady cash flow and potential for future appreciation. Don't miss out on this outstanding chance to expand your real estate portfolio with fully occupied, upgraded properties!

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Details

Property Type
Residential, Single Family Residence
List Date
Jul 12, 2023
Status
Active
MLS
22315494
Home Style
2.5 Story
Subdivision
Orchard Hill
County
Douglas
Garage Spaces
1
Year Built
1890
Original Price
$200,000

Directions to Property

GPS


School District
Omaha
Elementary
Walnut Hill
Middle / Junior
Lewis and Clark
Senior / High
Central

Lot Dimensions
40 x 16
Garage Type
Detached
Construction
All Brick
Roof Type
Composition
Exterior Features
Enclosed Porch
Lot Description
In City

Primary Bedroom Level
Main Floor
Basement
Yes
Total SqFt
2,286
Main Floor SqFt
1,162
Second Floor SqFt
1,124
Total Basement SqFt
2,286
Basement Description
Unfinished

Dimensions & Layout


Primary Bedroom
Main Floor

Laundry Room
Below Grade

Cooling
Central Air
Heating Type
Forced Air
Heating Fuel
Gas
Sewer & Water
Public Sewer, Public Water

Tax Amount
$1,989
Tax Year
2022
Financing Terms
Cash, Conventional

Area Information

Orchard Hill

Orchard Hills is an historic area in north Omaha between Hamilton and Blondo Streets.  Originally owned by Omaha’s first mayor, Jesse Lowe, it was the site of a large apple orchard which was part of his farming operation.  Eventually homes were built at the site and it became known as Orchard Hills.  Two of the homes are still standing, and they are considered the oldest residences in Omaha.  Several newer homes have been constructed in the community by Habitat for Humanity, but the vast majority of Orchard Hill residences were built in the early to mid 1900’s.  Sizes and styles reflect life-styles and incomes of the home owners past and present. Mr. Lowe is remembered for establishing a Methodist mission in the area which was the forerunner of the Wesley House, a church and social settlement which served the area until its closure in 2011.  Today the area is known for its City Sprouts program.  Established in 1995, its purpose is to educate children and their families about gardening, nutrition, and food preparation from planting through harvesting and distribution.  With the Orchard Hill Neighborhood Association, it has opened a center next to the large, community garden where classes are conducted.  Here food is also distributed, both from the garden and from the Walnut Hill Food Co-op.  This Co-op secures nutritious food from wholesalers and distributes it for a nominal fee to families in the area. Many of the homes in neighborhood today are rental properties.  Purchase prices range from fifteen thousand to the mid seventies, depending on general maintenance and refurbishing.  The Orchard Hill Neighborhood Association is working diligently to encourage owner occupancy for the community as well as the restoration of apartments to single family dwellings.  It is also closely monitoring retail development and safety issues. Omaha Public Schools serve the community as do several parochial schools.  Churches and parks are nearby as is public transportation.  The popularity of nearby Midtown Crossing is also having a positive effect on its peripheral areas which include Orchard Hills.

Explore Neighborhood
Photo of Orchard Hill

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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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Presented By

The Bill Black Team

NP Dodge Real Estate

Sales Team

Listed By
NP Dodge RE Sales Inc 204Dodge, M: 402-710-1596

MLS ProviderGPRMLS

This data was last updated on Aug 14, 2023. 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. All properties are required by applicable laws to be offered without respect to race, color, national origin, religion, sex (including gender identity and sexual orientation), familial status, or disability.