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$2,100,000
Est. payment /mo
1 Bath
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Sub Type Multi-Family
Listing Status Contingent
Purchase Type For Sale
Subdivision Mn
MLS Listing ID 7039895
Style Concrete Block
Year Built 1926
Annual Tax Amount $24,063
Tax Year 2026
Contingent Contingent
Property Sub-Type Multi-Family
Property Description
28-unit apartment building investment opportunity! This property features 19 one-bedroom units, 3 two-bedroom units, and 6 studio apartments. Recent improvements include new windows, updated flooring, fresh paint, new doors, tiled hallways, on site laundry area, and select units with upgraded kitchen cabinetry and countertops. While many updates have been completed, the property still offers additional renovation opportunities for a new owner to further enhance value and increase rents. With the ability to update remaining units and place your own tenants, this is an ideal opportunity for investors looking to customize management and maximize returns. Located within walking distance to downtown amenities and public transit.
Location
State MN
County Blue Earth County
Area Mankato Central
Direction N
Interior
Heating Boiler
Cooling None
Exterior
Exterior Feature Brick
Roof Type Flat
Present Use Residential
Building
Foundation 21648
Sewer City
Water City
Structure Type Concrete Block
Schools
School District Mankato #77
Others
Energy Description Natural Gas
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Listed by Keller Williams Premier Realty
NEARBY SCHOOL & BUSINESS
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