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303 N Broad Street, Mankato, MN 56001

Status: For Sale

4 units
3,706 sq ft 1 garage spaces

$349,900

WELCOME HOME

Get to know 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.

The details that matter.

General Property Information for 303 N Broad Street, Mankato, MN 56001 - MLS# 7160023
Bedrooms and Bathrooms
Total Bedrooms:
5
Total Bathrooms:
4
Size and Multi Family Residence
Year Built:
1885
Type of Property:
Multi Family Residence
Style:
Fourplex
Stories/Levels:
2 Story
Total SqFt:
3,706
Total Fnsh'd SqFt:
3,706
Above Ground SqFt:
3,706
Finished Above Grade:
3,706
Below Ground SqFt:
1,109
Finished Below Grade:
0
Garage Stalls:
1
Garage SqFt:
357
Main Floor SqFt:
1,109
Approx Lot Dimensions:
Irregular
Approx Number of Acres:
0.157
Income and Expenses
Gross Income:
$0
Total Expenses:
$0

A closer look at the location.

From Riverfront Drive, turn east onto Plum Street. Turn left onto N Broad Street. Property is located at 303 N Broad Street.

This listing has been entered by the following office: Tracy Sells LLC

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than MnRealtyCo, LLC are marked with the Broker Reciprocity or the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.

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

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