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$ 695,000
Est. payment /mo
Active
221 E Walnut ST Mankato, MN 56001
3,049 Sqft Lot
UPDATED:
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Mankato
MLS Listing ID 6686743
Year Built 1920
Annual Tax Amount $5,412
Tax Year 2024
Contingent None
Lot Size 3,049 Sqft
Acres 0.07
Lot Dimensions .06 acres
Property Sub-Type Apartment
Property Description
This fully leased six-unit investment property is a fantastic opportunity for any investor. Five of the 6 units have been updated. The building features a newer roof, new appliances, modern flooring, and energy-efficient windows. Each unit is heated with electric baseboard heat, ensuring low-maintenance and reliable warmth. A newly installed secured common entrance enhances tenant safety and adds to the property's appeal. With strong rental demand in the area, this turnkey property offers immediate cash flow and long-term investment potential. Don't miss out on this low-maintenance, income-generating opportunity—schedule a showing today!
Location
State MN
County Blue Earth
Zoning Residential-Multi-Family
Interior
Heating Baseboard
Inclusions Building
Fireplace No
Exterior
Parking Features On-Street Parking Only
Utilities Available Electric Separate
Present Use Other
Building
Story Two
Foundation 2880
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Brick/Stone
Schools
School District Mankato
Listed by Daniel Robinson • True Real Estate