• Asking Price $400,000
  • Estimated Value: $317,546
  • 204 N 5TH ST MANKATO, MN 56001

  • 8 Beds 4 Baths 2,766 SqFt
  • Multi-family (5 or more units) / Resale (MLS)

Property Details for 204 N 5TH ST, MANKATO, MN 56001

Features

  • Price/sqft: $144
  • Lot Size: 5940
  • Total Rooms: 5
  • Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • Stories: 200
  • Roof Type: Shingle (Not Wood)
  • Heating: Hot Water Heating
  • Exterior Walls: Wood Siding

Facts

  • Year Built: 01/01/1905
  • Property ID: 851592138
  • MLS Number: 6477568
  • Parcel Number: R01.09.18.202.009
  • Property Type: Multi-family (5 or more units)
  • County: BLUE EARTH
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. 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.

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Property Brokerage: The True Team Inc 112 S Riverfront Drive Suite 122 Mankato MN 56001
Copyright © 2024 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.



All information provided is deemed reliable, but is not guaranteed and should be independently verified.