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$ 349,900
Est. payment /mo
New
303 N Broad ST Mankato, MN 56001
5 Beds
4 Baths
3,706 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,706 sqft
Price per Sqft $94
Subdivision Mankato
MLS Listing ID 7160023
Bedrooms 5
Year Built 1885
Annual Tax Amount $5,500
Tax Year 2026
Contingent None
Lot Size 6,838 Sqft
Lot Dimensions Irregular
Property Sub-Type Fourplex
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.
Location
State MN
County Blue Earth
Rooms
Basement Unfinished
Interior
Heating Boiler
Fireplace No
Laundry Main Level
Exterior
Garage Spaces 1.0
Building
Lot Description Corner Lot
Story Two
Foundation 1109
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
New Construction false
Schools
School District Mankato
Listed by Owen Petersohn • Tracy Sells LLC
NEARBY SCHOOLS & PROPERTIES
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