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$ 695,000
Est. payment /mo
Active
221 E Walnut Street Mankato, MN 56001
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Mn
MLS Listing ID 7036914
Style Concrete Block
Year Built 1920
Annual Tax Amount $5,412
Tax Year 2024
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
Direction E
Multi-Unit Info
Total Units 6
Interior
Heating Baseboard
Exterior
Exterior Feature Brick
Parking Features None
Garage Description None
Amenities Available Private Resident Building
Roof Type Rubber
Present Use Residential
Building
Foundation 2880
Sewer City
Water City
Structure Type Concrete Block
Schools
School District Mankato #77
Others
Energy Description Natural Gas
Listed by True Commercial, LLC