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Real Estate Company
303 N Broad Street, Mankato, MN 56001
- $349,900
- 5
- BD
- 4
- BA
- 3,706
- SqFt
- List Price
- $349,900
- MLS#
- 7160023
- Status
- ACTIVE
- Type
- Multifamily
- Bedrooms
- 5
- Bathrooms
- 4
- Living Area
- 3,706
- Acres
- 0.16
- Subdivision
- Mankato
- Year Built
- 1885
Property Description
Excellent investment opportunity in the heart of downtown Mankato! This fourplex features 4 separate units, including one 2-bedroom unit and three 1-bedroom units, with 4 full bathrooms. Two of the four units are currently occupied, providing immediate rental income. The property has a history of generating $3,000+ in monthly rental income and offers four kitchens, each equipped with an oven and refrigerator, while the 2-bedroom unit also includes a dishwasher. Additional features include vaulted ceilings, hardwood and tile flooring, on-site laundry, two porches, a 1-car garage, and a desirable corner lot. A great opportunity to add an income-producing property in a convenient downtown location.
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Additional Information
- School District
- Mankato
- Tax Year
- 2026
- Fuel
- Natural Gas
- Lot Description
- Corner Lot
- Sewer
- City Sewer/Connected
- Heating
- Boiler
- Water
- City Water/Connected
- Basement
- Unfinished
- Garage Spaces
- 1
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Listing courtesy of Tracy Sells LLC.
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