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$1,500,000
Est. payment /mo
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Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Pleasant View Sub
MLS Listing ID 6690362
Year Built 1969
Annual Tax Amount $12,095
Tax Year 2025
Contingent None
Lot Dimensions 288x115x36x206
Property Sub-Type Apartment
Property Description
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
Location
State MN
County Nicollet
Zoning Residential-Multi-Family
Interior
Heating Hot Water
Cooling Wall Unit(s)
Inclusions Building
Fireplace No
Exterior
Parking Features Asphalt, Parking Lot
Utilities Available Electric Separate
Present Use Residential
Building
Foundation 3840
Sewer City Sewer/Connected
Water City Water/Connected
Structure Type Brick/Stone,Metal Siding
Schools
School District Mankato
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Listed by Shawna Wolfe • Keller Williams Premier Realty