554 26Th StOmaha, NE 68105

This exceptional investment opportunity presents a meticulously renovated, four-story, 49-unit multifamily building situated on a 0.49-acre lot in Omaha, Nebraska. Boasting 18,720 square feet of net rentable space, this property offers a compelling price per square foot of $144.23 and a price per unit of $55,102.04. Built in 1920 and extensively renovated in 2022 and 2023, the property features a new central water heater, updated hallway flooring and paint, new light fixtures, and a completely renovated community laundry center with new washers and dryers. Four units have undergone complete renovations, including refinished wood floors, updated kitchens and bathrooms, new appliances, and fresh paint. Exterior improvements include a fresh coat of paint and a new glass storefront. The building's prime location, just five minutes from Downtown Omaha and the Old Market, and three blocks from Interstate 480, provides exceptional access to amenities and transportation. Its proximity to several major universities, including Creighton University (0.8 miles), University of Nebraska-Omaha (3.4 miles), Clarkson College (1.9 miles), University of Nebraska Medical Center (1.6 miles), and College of Saint Mary (4.7 miles), ensures a consistent stream of potential tenants. The property is also adjacent to Complete KIDS, a non-profit organization serving over 2,000 children and families. This combination of recent renovations, desirable location, and strong tenant demand makes this a highly attractive investment opportunity. The asking price is $2,700,000.