Remarks

This well-maintained 12-unit apartment building in Upper North Mankato is a fantastic investment opportunity! The property features 11 spacious two-bedroom units and 1 newly remodeled one-bedroom unit. Key features include four remodeled units with new flooring, cabinets, counter tops, vanity & lighting. Tiled hallways for easy maintenance, separate electric meters, wall A/C units in all apartments, off street parking, two tankless boiler systems installed in 2023 for energy efficiency and coin-operated laundry for additional income. This property is fully occupied with reliable tenants providing a steady income stream and long-term investment potential.

Details

MLS#: 7036965
Price: $1,500,000

Style: Multi-Family
Year Built: 1969

County: Nicollet County
Tax Fee: 12095

School District: Mankato #77