1120 Park AVE, Omaha, NE 68105
See all 96 photos
1120 Park AVE, Omaha, NE 68105
1120 Park AVE, Omaha, NE 68105
1120 Park AVE, Omaha, NE 68105
1120 Park AVE, Omaha, NE 68105
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Colin Riggins

Colin Riggins

+1(402) 968-0459
Listed by Ted Kaasch Realty ONE Group Sterling
$ 579,000
Est. payment /mo
Save Virtual Tour
New

1120 Park AVE Omaha, NE 68105

7 Beds

8 Baths

0.26 Acres Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Hanscom Park,Field Club

MLS Listing ID 22608438

Style Three Or More

Bedrooms 7

Full Baths 5

HOA Y/N No

Year Built 1900

Annual Tax Amount $6,798

Lot Size 0.258 Acres

Acres 0.2583

Lot Dimensions 150 x 75

Property Sub-Type Multi Family

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.

Location

State NE

County Douglas

Area Douglas

Direction Take Exit 452 for I-480 North toward Downtown Omaha. Stay on I-480 N for about 2 miles. Take Exit 1B for Leavenworth Street. Turn right onto Leavenworth Street. Go about half a mile, then turn left onto Park Avenue. 1120 Park Ave on right

Interior

Heating Natural Gas, Forced Air

Cooling Window Unit(s)

Fireplaces Number Yes

Fireplace Yes

Appliance Washer, Dryer

Laundry Laundry Facilities

Exterior

Parking Features No Garage

Fence None

Roof Type Composition

Garage No

Building

Foundation Brick/Mortar

Lot Size Range 0.2583

Sewer Public Sewer

Water Public

Architectural Style Three Or More

Level or Stories Three Or More

Schools

Elementary Schools Field Club

Middle Schools Norris

High Schools Central

School District Omaha

Others

Ownership Fee Simple

Virtual Tour https://media.autoreelapp.com/renders/ruywkz4ip9/out.mp4

NEARBY SCHOOLS & PROPERTIES

GET MORE INFORMATION

Colin Riggins
Colin Riggins

Agent | License ID: 20220368

+1(402) 968-0459 | colin.riggins@nebraskarealty.com

Name
Phone*
Message

By checking this box, I agree to receive recurring marketing communication from Colin Riggins, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

By checking this box, I agree to the Terms of Service and Privacy Policy of this website.

Go tour this home

1120 Park AVE