$ 400,000
204 N 5th ST Mankato, MN 56001
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$ 400,000
Est. payment | /mo
2,766 SqFt
$ 400,000
Est. payment | /mo
2,766 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,766 sqft
Price per Sqft $144
Subdivision Mankato
MLS Listing ID 6477568
Year Built 1905
Annual Tax Amount $4,044
Tax Year 2023
Contingent None
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 66x90
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
Rooms
Basement Partially Finished, Shared Access, Single Tenant Access, Storage/Locker, Stone/Rock
Interior
Heating Hot Water
Fireplace No
Exterior
Garage Spaces 1.0
Roof Type Asphalt
Building
Story More Than 2 Stories
Foundation 1311
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories More Than 2 Stories
Structure Type Brick/Stone,Wood Siding
New Construction false
Schools
School District Mankato
Listed by Cara Bishop • True Real Estate
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Jason Dowdey
REALTOR® | Lic# 40507956