221 E Walnut ST new

Mankato,MN 56001

$ 695000

- Bed

- Bath

- SqFt


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

View More
Favorite Go Tour