207, 213 & 219 S Morton Street, O'Neill NE 68763
Photos
Location
Property Details
Status:
For Sale
Price:
$260,000.00
Address:
207, 213 & 219 S. Morton St
O'Neill, NE 68763
County:
Coordinates:
42.455757 / -98.659261
Property Type:
Lindsay Loutzenhiser: Sales Associate
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Triple the Homes, Triple the Investment Potential
This is a strong opportunity to acquire three single-family homes with a high return. Two of the homes are currently tenant‑occupied, offering immediate rental income and long‑term investment value. The third home is vacant and provides an excellent chance to add sweat equity with some TLC.
Two of the single‑family homes feature 2 bedrooms, 1 bathroom, and spacious backyards. Recent updates include new windows, updated flooring throughout, refreshed kitchen and bathrooms, and new doors and trim—reducing near‑term maintenance needs. The vacant single‑family home features 3 bedrooms, 1.5 bathrooms, a large partially fenced‑in backyard with a storage garage, and room to add your own improvements to increase rental value—or rent it as is.
Whether you're beginning your journey as a landlord or expanding an existing portfolio, this three‑property package offers a streamlined way to add rental inventory with tenants already in place.
The CAP rate based on all three homes when previously rented as is: 10.2% return on investment. (Currently, one home is vacant, allowing for potential updates. Updated CAP rate will vary depending on improvements.)
Properties are being sold subject to existing leases. Financial and lease information available upon request.
Contact me today to learn more about this investment opportunity!
Seller is a licensed real estate agent in Nebraska (License # 20230261)
Disclosure
All information contained herein is believed to be accurate; however, neither the Broker, its agents, nor the Seller make any representation, warranty, or guarantee as to its accuracy. Access to the property, availability of utilities, and any dimensions or measurements—including, without limitation, acreage, square footage, frontage, and boundary descriptions—have not been independently verified and are provided solely for marketing purposes. Buyers are advised to conduct their own due diligence to verify all such matters of concern, including measurements, property access, and utility connections.
Cooperating Broker Compensation
Terms of cooperating broker compensation, if any, are available upon request from the Listing Broker/Agent and must be determined prior to the commencement of cooperative efforts. Buyer’s agents/brokers must be disclosed and identified by the Buyer and/or their representative at the initial contact with the Listing Broker/Agent in order to qualify for compensation. Otherwise, compensation shall be at the sole discretion of the Seller, Broker, and Stracke Realty, LLC. Real estate commissions and cooperating broker compensation, when applicable, are fully negotiable and are not established or fixed by law, Stracke Realty, LLC (or any division, trade name, or DBA thereof), or its agents/brokers.