For Sale: Mankato MLS# 6686524
Active
$1,295,000
Multi-family: Other
Built 1969
2,400 sqft • 0.44 acres
Mankato schools
MLS# 6686524
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Property Description
Prime Investment Opportunity! This fully renovated and fully leased 4-unit 3 bedroom townhome property offers modern upgrades and excellent rental potential. Each unit features brand-new stainless steel appliances, updated plumbing and lighting, new toilets, sinks, outlets, and CO/smoke detectors. Enjoy year-round comfort with a high-efficiency furnace, AC condenser, and tankless water heater. Stylish interiors include new tile flooring, plush carpeting, and fresh paint. The kitchen boasts new cabinetry with granite countertops, while the bathrooms feature marble vanities. Each unit comes equipped with a high-efficiency washer and dryer. Additional perks include a single-stall garage with keyless entry and a private rooftop deck with maintenance free decking above the garage for outdoor relaxation. Rental incomes of $2200/month per unit. Tenants pay all utilities.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$1,295,000
Price per sq ft:
$540
Property Type:
Multi-family
City:
Mankato
Garage Spaces:
4
County:
Blue Earth
Year Built:
1969
State:
MN
Property Style:
Other
Zip Code:
56001
Subdivision Name:
Scheurers Sunray Add
Interior
Finished Area:
2,400 ft2
Living Area:
2,400 ft2
Ranges:
Four
Refrigerators:
Four
Basement Details:
None
Exterior
Stories:
Two
Garage Spaces:
4
Garage Size:
336 ft2
Foundation Size:
2,400 ft2
Foundation Dimensions:
2400
Handicap Accessible:
None
Heating System:
Forced Air
Road Frontage:
City Street
Exterior Material:
- Block
- Wood Siding
Roof Details:
Asphalt
Lot & Land
Acres:
0.44
Geolocation:
44.164632, -93.968748
Lot Dimensions:
.44 acres
Schools
School District:
77
District Phone:
507-387-1868
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
None
Annual Maintenance Expense:
None
Annual Gross Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$6,816
Lender-owned:
No
Assessment Pending:
Yes
Taxes w/ Assessments:
$6,836
Income
Annual Gross Income:
None
Misc. Annual Income:
None
Misc. Monthly Income:
None
Units
Total Units:
4
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
Yes
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of True Real Estate.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.