Mankato MN Multi Family for Sale
$229,000
122 S Fifth Street Mankato, MN 56001
- Type:
- Multi-Family
- Sq.Ft.:
- 3,212
- Status:
- NEW LISTING
- Beds:
- 5
- Lot size:
- 0.08 Acres
- Baths:
- MLS#:
- 7035991
View additional info
Courtesy: RE/MAX DYNAMIC AGENTS ST. PETER
ADDITIONAL INFORMATION
Triplex with great cash flow. Recently "spruced up" after recent tenants vacated. There is a 3 bedroom/2 bath unit on the main and lower level as well as two, 1 bedroom/1 bath units on the upper level. Electric is separately metered and paid by tenants with owner paying water/sewer and gas. The 2 upper level units are currently rented for $800 a piece while the main level unit is currently available and will be rented for $1,300.The 2 current leases run through August 30,2025.
- Type:
- Triplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1886
- Baths:
- MLS#:
- 6595390
View additional info
Courtesy: Keller Williams Classic Rlty NW
763-463-7500
ADDITIONAL INFORMATION
Seller is willing to contribute $6,300 to buyer's closing costs/interest rate buy down. Attention Investors! This is a great opportunity to own a cash flowing rental property. Financials are in the supplements. Unit 1 is a one bedroom/ one bath apt with kitchen and bathroom and will be vacant soon. Unit 2 is an efficiency unit and Unit 3 is a 2 bed/ 1 bath apt. The tenant in Unit 1 will be leaving soon and the tenants in Units 2&3 have a lease in place until 2025. The home will need a new roof and tuckpointing. Quick closing preferred. Property is managed by Connect Real Estate Group. 24 Hour showing request needed.
$399,900
829 S 2nd Street Mankato, MN 56001
- Type:
- Multi-Family
- Sq.Ft.:
- 4,136
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.17 Acres
- Baths:
- MLS#:
- 7035700
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Courtesy: JBEAL REAL ESTATE GROUP
ADDITIONAL INFORMATION
Are you looking for the ideal investment opportunity? Here is a "Owner Occupied" 4 plex that can get you started. The main floor unit has been occupied by the owner for the last 26 years. The main floor unit is an updated 2 bedroom, 1 bath with a washer and dryer. The upper level is a spacious 2-3 bedroom unit. The basement is a smaller 1 bedroom unit and contains the mechanical room. The last unit is a one bedroom unit above the garage. All rented units are month to month. The upstairs unit is vacant and the owner will be moving out of the main floor soon. This property has so much potential and has been very well maintained by the owner. The exterior of the home has a great curb appeal and offers a 2 stall garage, off street parking for up to 3 vehicles i there is a snow emergency during the winter. The owner has used the garage for his own purposes and there is plenty of "On Street" parking. All units have seperate gas and electric meters. This is a must see rental property. Call today for a private showing!!
- Type:
- Fourplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1881
- Baths:
- MLS#:
- 6560243
- Subdivision:
- Mankato - Everetts Blk 40/blk 23
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Courtesy: Savvy Avenue, LLC
612-490-1268
ADDITIONAL INFORMATION
The Property offers a total of four huge units, three one-bedroom and one three-bedroom unit. Each of the one-bedrooms are over 850 square feet (including the 3 season porches), not including the front porches and the patios available to the ground floor units. The three-bedroom apartment takes up half the second floor and all of the third floor and offers over 1,100 square feet. The basement is only accessed from the exterior stairwells and offers secure landlord storage along with coin operated laundry.Owned by the Sellers since 2001, the property is in its best condition ever. Over the years, every facet of the building has been brought up to the best of 21st century standards with the philosophy of: “If it’s worth doing, it’s worth doing right”. From bottom to top: from the new city sewer and water line connections, up to the roof and the brand-new vinyl siding on the porches and everything on the inside: wiring, plumbing, kitchens, baths, appliances, floor coverings, etc.
- Type:
- Multi-Family
- Sq.Ft.:
- 6,283
- Status:
- Active
- Beds:
- 10
- Lot size:
- 0.24 Acres
- Baths:
- MLS#:
- 7034561
View additional info
Courtesy: RE/MAX DYNAMIC AGENTS
ADDITIONAL INFORMATION
Welcome to your next investment opportunity in the heart of a bustling city! This six-unit complex, primely situated near downtown, schools, and the Mankato State University, presents an enticing prospect for savvy investors seeking substantial returns. Although in need of complete rehabilitation, this property holds immense potential for lucrative returns once the renovations are completed. This six-unit complex presents an exceptional investment opportunity for those willing to undertake the necessary renovations. With its prime location, strong rental market, and potential for significant returns, this property is a promising addition to any investor's portfolio. Don't miss out on the chance to transform this property into a lucrative income-generating asset in the heart of the city with potential returns of 10% cash on cash!
$400,000
204 N 5th Street Mankato, MN 56001
- Type:
- Fourplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1905
- Baths:
- MLS#:
- 6477568
- Subdivision:
- Mankato
View additional info
Courtesy: True Real Estate
507-345-8783
ADDITIONAL INFORMATION
Gorgeous Victorian house, currently a 4-plex for sale in a prime rental location, with easy access to downtown and campus. This property is great for investors seeking a lucrative addition to their portfolio. With a total of 8 bedrooms, and 4 bathrooms, this income producing property already houses a fully rented out property. The property's well-built and maintained structure has many updates, and has also has maintained the integrity of its era. Stability is key, and this property delivers with solid leases in place, offering a dependable stream of income. Newer furnace, 10-year-old boiler recently serviced, owner pays utilities, one meter. Coin laundry available for all tenants. 48-hour notice to show.
Andrea D. Conner, License # 40471694,Xome Inc., License 40368414, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
The data on this web site comes in part from the REALTOR® Association of Southern Minnesota. The listings presented on behalf of the REALTOR® Association of Southern Minnesota may come from many different brokers but are not necessarily all listings of the REALTOR® Association of Southern Minnesota are visible on this site. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or selling. Information is believed to be reliable, but not guaranteed. Copyright ©2024 REALTOR® Association of Southern Minnesota. All rights reserved.
Andrea D. Conner, License # 40471694,Xome Inc., License 40368414, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
Xome Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Xome Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Open House information is subject to change without notice. The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers. Copyright 2024, Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
Mankato Real Estate
The median home value in Mankato, MN is $347,000. This is higher than the county median home value of $198,700. The national median home value is $219,700. The average price of homes sold in Mankato, MN is $347,000. Approximately 46.92% of Mankato homes are owned, compared to 46.01% rented, while 7.07% are vacant. Mankato real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Mankato real estate agent to arrange a tour today!
Mankato, Minnesota has a population of 41,241. Mankato is more family-centric than the surrounding county with 31.95% of the households containing married families with children. The county average for households married with children is 30.95%.
The median household income in Mankato, Minnesota is $45,035. The median household income for the surrounding county is $53,752 compared to the national median of $57,652. The median age of people living in Mankato is 25.5 years.
Mankato Weather
The average high temperature in July is 82.8 degrees, with an average low temperature in January of 4.7 degrees. The average rainfall is approximately 32.2 inches per year, with 38.6 inches of snow per year.