1103 8th Street E

Investment Opportunity-PRIME LOCATION JUST TWO BLOCKS FROM UW–STOUT! Don’t miss this unique investment opportunity featuring 5/6 bedrooms, 3.5 bathrooms, and current rental income of $2,700 per month! With tenants in place through fall 2027 and new leases in the process of being signed, this property offers an opportunity to add an income-producing asset to your portfolio. Previously configured as a triplex, this two-story property offers flexible living arrangements and plenty of possibilities for the future, subject to applicable zoning and use requirements. Four separate utility meters and an upper-level efficiency kitchen with an additional room for prep-space add to its versatility. Recent improvements include a new boiler system, new water heater, newer metal roof, newer LVP flooring, and new bedroom carpeting. For added buyer confidence, the home has been pre-inspected, and a 14-month buyer home warranty is included! Enjoy the character and charm of front and back covered porches, a corner lot, a new parking pad, and a backyard fire pit area. Additional features include a main-floor laundry room with a convenient half bath, extra storage in the silo basement, and a main-floor fireplace that has never been used. The owner currently pays water, sewer, and heat. A driveway easement is located along the south side of the property. 5/6 nice sized bedrooms | 3.5 bathrooms and large living room area almost makes you want to go back to college. Whether you're an experienced investor or looking to expand your real estate portfolio, this property offers current rental income and valuable updates. Explore the possibilities and schedule your showing today!