328 8th S St

This meticulously maintained and fully rented 5-unit complex offers a turnkey opportunity for investors seeking a stabilized asset with immediate cash flow. Situated minutes from the downtown core and near universities, the property balances historic appeal with modern infrastructure, ensuring low overhead and high tenant retention.The property is optimized for maximum Net Operating Income. Expenses are reduced via separate electric meters, shifting utility costs to tenants. A dedicated laundry facility with coin-service machinery provides reliable ancillary revenue.Recent upgrades include a high-efficiency boiler, a 8-year-old roof, and updated electrical panels. Efficiency is enhanced by spray-in insulation and insulated piping.Landlord pays water.