204 N 5th Street Active

Mankato,MN 56001

$ 400000

8 Beds

4 Baths

2902 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,902 sqft

Price per Sqft $137

Subdivision Mn

MLS Listing ID 7034166

Style 4-plex

Bedrooms 8

Three Quarter Bath 1

Annual Tax Amount $4,044

Tax Year 2023

Lot Size 6,098 Sqft

Property Description

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.

Location

State MN

County Blue Earth County

Area Mankato Central

Interior

Heating Hot Water

Exterior

Exterior Feature Wood

Parking Features Tuckunder

Garage Spaces 1.0

Garage Description Tuckunder

Roof Type Asphalt Shingles

Building

Lot Description Corner Lot

Story 2.25 - 2.75 Story

Foundation 1311

Sewer City

Water City

Structure Type Frame/Wood

Schools

School District Mankato #77

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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