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128/130 S 5th St
Norfolk, NE 68701 $949,500

Real estate agent showing couple house

$949,500

128/130 S 5th St
Norfolk, NE 68701

sq ft
Opportunity meets stability in the heart of downtown Norfolk. The historic Mohawk Building at 128/130 S 5th Street offers a fully occupied mixed-use investment property with a proven income stream and a strong tenant mix already in place. The property features three fully leased commercial spaces along with five fully rented residential units, including a studio apartment. The residential units are all-electric, providing simplified utility management and attractive efficiency for tenants. Commercial occupants benefit from access to a shared common restroom area, helping maximize rentable space throughout the building. One of the property's unique features is the rooftop area, offering both a patio space and additional flexible-use area that could serve as a tenant lounge, workout space, entertainment area, or gathering spot. This added amenity helps distinguish the property and enhances its long-term appeal. Positioned in Norfolk's vibrant downtown district, the Mohawk Building combines strong occupancy, diversified income sources, and a location that continues to attract both residential and commercial tenants. Whether you're expanding an existing portfolio or seeking a dependable turnkey investment, this property offers the stability, character, and income-producing potential investors are looking for. A rare opportunity to acquire a fully leased downtown asset with immediate cash flow and long-term upside.
Interior
  • Bedrooms: 5
  • Baths: 5
  • Basement: Yes
Property
  • Garage: Attached (1)
  • Area: SE NORFOLK
  • Type: APARTMENT BUILDNG
Listing Agent
  • Listing Agent: Russell - Real Estate Solutions Team
  • MLS#: 260356
Monthly payment calculator
$5,039.25
Monthly Payment
(Principle and Interest) $5,039.25
Monthly Payment
(with Taxes and Insurance)