Property Listing
Description
Rare opportunity with built-in income potential, main-level living, and unmatched flexibility! This standout property offers 4 bedrooms, 3 baths, and a highly adaptable layout designed to fit a wide range of lifestyles and investment strategies. Currently used as a single-family home, it functions beautifully as such while offering an easy conversion to an income-producing property if desired. The main level features two expansive living areas, three bedrooms, and convenient main-floor laundry—making it an excellent option for those seeking true main-level living without sacrificing space. A walk-through bath connects directly to the primary suite, adding both comfort and functionality. The lower level takes this home to another level with a private exterior entrance and a fully equipped setup including a full kitchen, large living/family room, bedroom, bonus room, second laundry area, and a ¾ bath with tiled shower—perfect for extended living or maximizing rental potential. What truly sets this property apart is its ACTIVE RENTAL LICENSE—ready for immediate use. Whether you're looking to owner-occupy while generating income, expand your investment portfolio, or simply enjoy the flexibility of additional living space, this property is positioned to deliver. Licensed, flexible properties close to amenities like this are rarely available and highly sought after – don’t miss out! Key updates include a new roof (2022), furnace (2018), and siding (2010), offering added peace of mind. Outside, you’ll find a fenced yard and a shed with electricity—ideal for storage, hobbies, or a workspace. Located just minutes from campus, shopping, and dining, this property combines location, functionality, and income potential in one compelling package.
Property Information
Status: Active
Sub Type: ********
List Price: $379,995
MLS#: 7087211
Current Price: $379,995
Address: 100 Meadow Lane, Mankato, MN 56001
City: Mankato
State: MN
Postal Code: 56001
Geo Lat: 44.154612
Geo Lon: -93.989056
Subdivision: Meurers Sub
County: Blue Earth
Property Description
Year Built: 1968
Lot Size SqFt: 7405.2
Gen Tax: 4188
Specials Inst: 20
High School: Mankato
Square Ft. Source:
Above Grade Finished Area: 1568
Below Grade Finished Area: 1458
Below Grade Unfinished Area:
Total SqFt.: 3136
Style: Array
Total Bedrooms: 4
Total Bathrooms: 3
Total Full Baths: 0
Garage Type:
Garage Stalls: 1
Waterfront:
Property Features
Exterior:
Roof:
Foundation:
Lot Feat/Fld Plain:
Interior Amenities:
Inclusions: ********
Exterior Amenities:
Heat System:
Air Conditioning:
Utilities: