303 N Broad Street

Mankato, MN 56001

About this property

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.

About this property

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.

Features and Additional Information

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$349,900 Active
3,706 sqft

Presented By Coldwell Banker Crown Realtors

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Get in touch today! Phone: 1-320-762-2172
License #40733026 MN, 3459 ND
Brokerage
Tracy Sells LLC
1-507-254-2602
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Area Information

| Blue Earth County | Mankato

$ 349,900
This listing is play_arrow 137.3% higher than the average in the area
$ 147,450 in the area
3,706 SqFt
This listing is play_arrow 282.5% larger than the average in the area
969 SqFt in the area
$ 94 $/SqFt
This listing is play_arrow 38.7% less than the average in the area
$ 154 $/SqFt in the area
6 days on site
This listing is play_arrow 75.5% below the average in the area
25 days on site in the area

Schools in the Area

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    Elementary School
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    Middle School
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    High School
    Mankato

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Listed By Owen Petersohn
Brokerage: Tracy Sells LLC

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