For Sale: North Mankato MLS# 6690362
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Property Description
This well-maintained 12-unit apartment building in Upper North Mankato is a fantastic investment opportunity! The property features 11 spacious two-bedroom units and 1 newly remodeled one-bedroom unit. Key features include four remodeled units with new flooring, cabinets, counter tops, vanity & lighting. Tiled hallways for easy maintenance, separate electric meters, wall A/C units in all apartments, off street parking, two tankless boiler systems installed in 2023 for energy efficiency and coin-operated laundry for additional income. This property is fully occupied with reliable tenants providing a steady income stream and long-term investment potential
Listing
Listing Status:
Active
Contingency:
None
List Price:
$1,500,000
Property Type:
Commercial
City:
North Mankato
Garage Spaces:
0
County:
Nicollet
Year Built:
1969
State:
MN
Property Style:
Apartments
Zip Code:
56003
Subdivision Name:
Pleasant View Sub
Exterior
Garage Spaces:
0
Other Parking Spaces:
12
Air Conditioning:
Wall Unit(s)
Foundation Size:
3,840 ft2
Handicap Accessible:
None
Heating System:
Hot Water
Parking Features:
- Asphalt
- Parking Lot
Shared Amenities:
Coin-op Laundry Owned
Exterior Material:
- Brick/Stone
- Metal Siding
Lot & Land
Geolocation:
44.171216, -94.049306
Inclusions:
Building
Lot Dimensions:
288 x 115 x 36 x 206
Zoning:
Residential-Multi-Family
Schools
School District:
77
District Phone:
507-387-1868
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$12,095
Lender-owned:
No
Assessment Pending:
Yes
Taxes w/ Assessments:
$12,984
Units
Total Units:
12
Miscellaneous
Current Use:
Residential
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Available Utilities:
Electric Separate
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of Keller Williams Premier Realty.
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.