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Sold for $200,000 on 04/02/25
  • $200,000

    1101 Bancroft St #1-2-3, Omaha, NE 68108

    4beds
    3,120sqft
    Multi Family
    Built in 1900
    -- sqft lot
    $200,000 Zestimate®
    $64/sqft
    $-- Estimated rent
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    What's special

    Limited-time price reduction! This wooded property is walking distance to the Zoo, Lauritzen Gardens and 13th & I-80. This triplex has 1 occupied unit covering his own heating electric bill & a $100 utility reimbursement. The property has undergone over $96K in updates, including a complete rebuild, three new electric furnaces (May 2023), and $8K in electrical upgrades. Unit 2 requires plumbing work PVC-to-cast-iron pipe replacement per city code citations, rail, utility door. Read the attached Plumbing City Citation Doc's & City Pictures. The City allows new owner six months to bring property to rental compliance. Seller requests seasoned investors & agents with the understanding of City Citations. You don’t want to miss out on this income investment BRRRR opportunity. Pro-Forma-$3,600.00 Per Month. Add Pet Rent and Storage. Sold as-is. Investors know anything can be fixed with the exception of, LOCATION! Follow the money to the HOT 68108-South "O" Area. Will NOT LAST LONG!

    Zillow last checked: 7 hours ago

    Listing updated: April 03, 2025 at 03:39am

    Listed by:

    Mo Albers 402-609-9495,

    Realty ONE Group Sterling,

    Ted Kaasch 402-990-9976,

    Realty ONE Group Sterling

    Bought with:

    Renae Lade, 20190716

    Nebraska Realty

    Source: GPRMLS,MLS#: 22501529MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • Partial bathrooms: 1
    Heating
    • Electric, Forced Air
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Connection For Electric Oven, Connection For Electric Range, Connection For Gas Ranges, Connections Vary per Unit
    • Laundry: Electric Dryer Hookup, Washer Hookup
    Features
    • Basement: Walk-Out Access
    • Has fireplace: No
    Interior area
    • Total structure area: 3,120
    • Total interior livable area: 3,120 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: No Garage
    • Covered spaces: 3
    Features
    • Fencing: Other
    Lot
    • Size: 8,886 sqft
    • Dimensions: 132 x 67.33
    • Features: Up to 1/4 Acre.
    Details
    • Parcel number: 2033720002

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding
    • Foundation: Brick/Mortar
    • Roof: Composition
    Condition
    • Not New and NOT a Model
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Omaha
    • Subdivision: QUINNS ADD BLK 3

    HOA & financial

    Other financial information
    • Total actual rent: 3395

    Other

    Other facts
    • Listing terms: Cash
    • Ownership: Fee Simple
    Services availability
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