138 N 38th Avenue, Omaha, NE 68131

$450,000
4
BD
7
BA
List Price
$450,000
MLS#
22404303
Status
PENDING
Type
Multifamily
City
Omaha
Area
Douglas
County
Douglas
Bedrooms
4
Bathrooms
7
Year Built
1891

Property Description

New Price: Historic Mid-Town Mansion Multi-Family Conversion on this 7-unit historic Victorian conversion! In 2023 $34,000 in strategic enhancements were made to increase profitability. Updates include apartment remodeling for increased rents, new exterior paint touches, new common area carpet, and a refurbished boiler system—cutting utility costs, a new convenient off-street 4-car parking pad, and an improved electrical system for window A/C units, which has reduced utility expenses. A new box drain with a 4" tile diverts water away from the property with a new sidewalk. A unique feature is the 2-door 1 1/2 story old carriage house, perfect for storage or additional income opportunities. This Victorian conversion is a prime investment located near Joslyn Castle, the Blackstone District, Med Center, Mutual of Omaha, and Creighton University.

Additional Information

Basement
Yes
Cooling
Window Unit(s)
Elementary School
Gifford Park
Fence
None
Garage Spaces
2
Garage Type
Detached
Heating Type
Water Source, Radiant
High School
Central
Lot Description
Over 1/4 up to 1/2 Acre, Alley
Middle School
Lewis and Clark
Roof Type
Composition
School District
Omaha
Subdivision
Crescent Park
Tax Amount
$9,432
Tax Year
2022
Walk Out Basement
Yes
Year Built
1891

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Better Homes and Gardens R.E..

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