221 E Walnut Street new

Mankato,MN 56001

$ 695000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Mn

MLS Listing ID 7038862

Style Concrete Block

Year Built 1920

Annual Tax Amount $5,328

Tax Year 2025

Property Sub-Type Commercial

Property Description

This fully leased six-unit investment property is a fantastic opportunity for any investor. Five of the 6 units have been updated. The building features a newer roof, new appliances, modern flooring, and energy-efficient windows. Each unit is heated with electric baseboard heat, ensuring low-maintenance and reliable warmth. A newly installed secured common entrance enhances tenant safety and adds to the property's appeal. With strong rental demand in the area, this turnkey property offers immediate cash flow and long-term investment potential. Don't miss out on this low-maintenance, income-generating opportunity—schedule a showing today!

Location

State MN

County Blue Earth County

Area Mankato Central

Interior

Heating Baseboard

Exterior

Exterior Feature Brick

Parking Features None

Garage Description None

Amenities Available Private Resident Building

Roof Type Rubber

Building

Foundation 2880

Sewer City

Water City

Structure Type Concrete Block

Schools

School District Mankato #77

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