1136 D StFremont, NE 68025

For Sale
$270,000

Updated 3-unit apartment building, strong NOI.

Overview

Added:
Dec 11, 2024
Days on market:
92
This three-unit apartment building located at 1136 N D Street, Fremont, Nebraska, 68025, presents a compelling investment opportunity. The property boasts a current asking price of $270,000 and generates a net operating income (NOI) of $2,500. Each of the three units has undergone recent renovations, featuring brand new, energy-efficient HVAC systems. Interior updates include fresh paint and new flooring throughout, enhancing both aesthetics and tenant appeal. Further enhancing the property's long-term value and minimizing future maintenance concerns, new gutters have been installed, and a sewer line replacement is scheduled for completion before closing. This triplex enjoys a desirable location in Fremont, providing convenient access to local amenities. The property's strong cash flow, coupled with the recent upgrades, makes it an attractive option for investors seeking a stable and appreciating asset. The combination of updated units and scheduled maintenance ensures a low-risk, high-reward investment potential. This is a turnkey opportunity ready for immediate income generation.

Highlights

  • Brand new, energy-efficient HVAC systems in each unit, plus updated interiors with fresh paint and new flooring.
  • New gutters and sewer line replacement completed prior to closing.

Property Details for 1136 D St

Property type
Multifamily properties, Apartment buildings
Units
3

Location Insight

City
Fremont
County
Dodge
State
Nebraska
Latitude
41.4400941
Longitude
-96.4939586
1136 D St, Fremont, Nebraska

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1136 D St
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