4648 Cuming Street Omaha, NE 68132

NP Dodge Real Estate
NP Dodge Real Estate 402.255.5099

FNBO Mortgage

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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.

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Details

Property Type
Multi-Family, Multi-Family
List Date
Jun 30, 2023
Status
Pending
MLS
22314417
Subdivision
Walnut Hill
County
Douglas
Year Built
1963
Original Price
$1,390,000

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

Lot Dimensions
100x150
Construction
All Brick
Roof Type
Composition


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

Tax Amount
$19,500
Tax Year
2022

Area Information

Dundee Memorial

  The Dundee/Memorial Park community is a popular area in central Omaha located near both Memorial Park and Elmwood Park.  Homes have distinctive styles, the tree-lined streets, and cast iron street lights are a welcoming environment for people of many demographics.  With a vibrant, retail center, the recreational activities available in the near-by parks, and its proximity to excellent private and public schools, the area is especially attractive to families. That was not always the case.  Known as Omaha’s first suburb, Dundee’s development began with four homes in the 1880’s.  It took several developers, the planting of over 2,000 maple trees, an offer of free lots, expansion of the development area, and the marketing of the self-contained village concept to jump-start the community.  By 1915, the area had over 2,500 residents and numerous Colonial, Georgian, and Tudor Revival style homes and was annexed as part of the city of Omaha.  The site now named Memorial Park was at one time a Dundee golf course.  In the late 1940’s several Omahans  promoted the idea of honoring all Douglas County individuals who had served our country in the armed services.   They quickly raised funds, purchased the golf course and constructed the impressive memorial at the top of the hill.  Dedicated in 1948, it is today the site of patriotic and recreational activities, most notably a popular concert and fireworks display to celebrate the 4 th of July.   With its immense green space and rolling hills, Memorial Park is a great place for neighborhood kids to play soccer, frisbee and go sledding. Today’s residents take pride in the area’s history and friendliness.  They continue many traditions—neighborhood 4 th of July parades, Dundee Days, and street island gardens tended by volunteers and the City of Omaha. For more information contact: http://www.dundee-memorialpark.org  

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Photo of Dundee Memorial

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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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NP Dodge Real Estate
Presented By NP Dodge Real Estate 402.255.5099 Contact Us

Listed By
Maxim Realty Group LLC

MLS ProviderGPRMLS

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