For Sale: Mankato MLS# 6405524
Active
$550,000
Multi-family: Triplex
Built 1876
5,011 sqft•0.21 acres
Mankato schools
MLS# 6405524
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Property Description
Check out this tri-plex for sale! This tri-plex has an owner occupancy requirement. Conveniently located on the city bus route close to Minnesota State University Mankato campus! Recently updated windows, new roof in 2022, fully rented until July 2024. There are 2 Bedrooms and one Bath in unit # 1 There are 2 Bedrooms and one Bath in unit # 2 There are 5 Bedrooms and 3 Bathrooms in unit # 3. A two-car attached garage and shed outside. This has great rental income!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$550,000
Price per sq ft:
$110
Property Type:
Multi-family
City:
Mankato
Garage Spaces:
2
County:
Blue Earth
Year Built:
1876
State:
MN
Property Style:
Triplex
Zip Code:
56001
Subdivision Name:
Van Brunts Add Blk 1 To 10
Interior
Finished Area:
5,011 ft2
Living Area:
5,011 ft2
Ranges:
Three
Refrigerators:
Three
Basement Details:
Brick/Mortar
Exterior
Stories:
Two
Garage Spaces:
2
Garage Size:
561 ft2
Garage Door Height:
8
Garage Door Width:
16
Foundation Size:
3,588 ft2
Fencing:
None
Handicap Accessible:
None
Heating System:
- Baseboard
- Boiler
- Forced Air
Parking Features:
- Asphalt
- Attached Garage
- Garage Door Opener
Shared Amenities:
None
Road Frontage:
- City Street
- Curbs
- Paved Streets
- Sidewalks
- Street Lights
Exterior Material:
- Block
- Brick/Stone
- Steel Siding
Roof Details:
- Age 8 Years or Less
- Asphalt
- Pitched
Lot & Land
Acres:
0.21
Geolocation:
44.160355, -94.00963
Lot Dimensions:
66 x 140
Zoning:
Residential-Multi-Family
Lot Description:
Tree Coverage - Medium
Farm
Topography:
Level
Schools
School District:
77
District Phone:
507-387-1868
Expenses
Annual Fuel Expense:
$4,200
Annual Insurance Expense:
$2,400
Annual Maintenance Expense:
$100
Annual Gross Expense:
$15,600
Annual Trash Expense:
$3,000
Tenant Expenses:
Electricity
Financial & Taxes
Tax Year:
2023
Annual Taxes:
$4,204
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$4,204
Income
Annual Gross Income:
$60,000
Units
Total Units:
3
Miscellaneous
Fuel System:
- Electric
- Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of RE/MAX Results.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.