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Browse More Listings in Multifamily For Sale, Omaha, NE or Nebraska

Multifamily Property For Sale

NEW ROOF, 10% owner financing 0% interest

3519 Cuming St, Omaha, NE 68131

Price:
$370,000
No. Units:
12
Building Size:
7,500 SF
Price/Unit:
$30,833.33
Property Type:
Multifamily
Property Sub-type:
Mid/High-Rise
Property Use Type:
Investment
Cap Rate:
11.10%
Occupancy:
100%
No. Stories:
2
Year Built:
1895
Find Out More...

Last Verified 9/3/2009 Listing ID 15860029

Description

New roof Just put on in June of 2009. 12 Unit Apartment Building that is all brick-stucco. All units full. Owner pays electric on four apartments, M.U.D. for water heaters and on-site laundry facility. Has new main line plumbing in Feb.08 and many units remodeled. 8 of 12 tenants pay own electric. MUD has just installed separate meters for gas stoves. Recently had a commercial appraisal done for refinance putting value of property at 370,000.
Please look at flyer for more detailed information.

Great neighborhood near Creighton University and directly south of Bemis Park.

Financial Summary

Unit Mix Information

Proforma
Year
2009
Scheduled Gross Income
$52,080
Net Operating Income
$37,463

Description	No. Units
1br	6
2br, very large could be 3 bedroom	1
1 room studio	5

Map of 3519 Cuming St, Omaha, NE 68131 (Douglas County)

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Created 8/20/2008

Additional Information for 3519 Cuming Street, Omaha, NE 68131

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 2 Historic Listings
Sales Comparables Available - 1 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Multifamily Property For Sale - NEW ROOF, 10% owner financing 0% interest

3519 Cuming St, Omaha, NE, 68131