2425 Avenue, Unit B Kearney, NE 68847
Fully occupied six-plex with recent updates and strong net operating income.
Property size:
3,100 SFLot size:
8,500.00 AcresProperty Features for 2425 Avenue
General Information
- Standard status
- Active
- Zoning
- C-3
- Size
- 3,100 SF
- Lot size
- 8,500.00 Acres
Building Details
- Year built
- 1955
Source:
Crexi
Listing Agency: Rizik Realty Group Listing Agent: Amir Rizik
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Updated Six-Plex with Strong Income
This six-plex property maintains full occupancy with long-term tenants, generating a total gross income of $57,600 and a Net Operating Income (NOI) of $42,842. Five of the six units feature a one-bedroom, one-bathroom layout, each equipped with a spacious kitchen that includes a refrigerator, stove, and oven, as well as a small dining area. The sixth unit offers a two-bedroom, one-bathroom layout, also with a generously sized kitchen, complete with a refrigerator, stove, oven, and a large dining room. Each unit is separately metered for electricity. A shared room is designated as a laundry and storage area, which includes a coin-operated washer and dryer that will remain with the property. All units have received extensive updates within the last five years, including newer windows, flooring, kitchen cabinets, plumbing, electrical systems, and six new PTAC units. In 2023, the attic was insulated with R-19 Jet Stream Ultra Fiber glass Insulation. The property size is 3100 square feet.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Kearney
- County
- Buffalo
- State
- Nebraska
- Longitude
- -99.0797982
- Latitude
- 40.6995839
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FAQs
What type of property is this?
Apartment building - Fully occupied six-plex with recent updates and strong net operating income.
Where is this apartment building located?
The property is located at 2425 Avenue, Unit B Kearney, NE.
What are key features of this property?
This property features: - High Net Operating Income (NOI) of $42,842.; - Consistent full occupancy with long-term tenants.; - Extensive updates within the last five years including newer windows, flooring, kitchen cabinets, plumbing, electrical systems, and six new PTAC units.
