Margaret Fernandez
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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished
Garage: 1
Heating: Boiler
Lot Size: 0.16 Acres
Taxes: $5,500
Year Built: 1885
Feature Descriptions
Days on Site: 7
Foundation Size: 1109
Lot: Corner Lot
Lot Dimensions: Irregular
Parcel#: R010907456013
Sewer: City Sewer/Connected
Units: 4
Water: City Water/Connected
Local Schools
School District: Mankato
Listed By / Shown By
Listed By
Agency Name: Tracy Sells LLC
Agency Phone: 507-254-2602
Shown By
Agent Name: Margaret Fernandez
Agent Phone: (763) 221-4841
Agency Title: Counselor Realty
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Estimated Payment
$ 2,422.70 per month $1,862.31 Principal & Interest $458.33 Property Tax $102.05 Homeowner's InsuranceChange Payment Information
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303 N Broad Street | MLS# 7160023
This multi-family property located at 303 N Broad Street, Mankato, MN 56001 is currently listed for sale with an asking price of $349,900. N Broad Street is located within the Mankato school district. Search Mankato real estate on mfernandez.counselorrealty.com today.