Property Listing
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.
Property Information
Status: Active
Sub Type: ********
List Price: $349,900
MLS#: 7160023
Current Price: $349,900
Address: 303 N Broad Street, Mankato, MN 56001
City: Mankato
State: MN
Postal Code: 56001
Geo Lat: 44.168053
Geo Lon: -93.997825
Subdivision: Mankato
County: Blue Earth
Property Description
Year Built: 1885
Lot Size SqFt: 6534
Gen Tax: 5500
Specials Inst: 0
High School: Mankato
Square Ft. Source:
Above Grade Finished Area: 3706
Below Grade Finished Area: 0
Below Grade Unfinished Area:
Total SqFt.: 4815
Style: Array
Total Bedrooms: 5
Total Bathrooms: 4
Total Full Baths:
Garage Type:
Garage Stalls: 1
Waterfront:
Property Features
Exterior:
Roof:
Foundation:
Lot Feat/Fld Plain: Array
Interior Amenities:
Inclusions: ********
Exterior Amenities:
Heat System:
Air Conditioning:
Utilities: