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Key Details
Sold Price $2,900,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 6690456
Year Built 1980
Annual Tax Amount $15,627
Tax Year 2025
Lot Size 0.690 Acres
Property Sub-Type Apartment
Property Description
Prime 12-unit - 12 garage apartment complex in Upper North Mankato is a fantastic investment opportunity, offering 100% occupancy and superb rental history. All 12 units are spacious two-bedroom apartments, with upper-level units featuring walk-out decks from both the living room and main bedroom. Five remodeled units with new flooring, cabinets, counter tops, vanity & lighting. Separate electric meters, wall A/C units in all apartments, & coin-operated laundry for extra income. Don't miss out on this strong rental property with a proven track record of full occupancy and steady cash flow for a long-term investment.
Location
State MN
County Nicollet
Zoning Residential-Multi-Family
Interior
Heating Baseboard
Cooling Wall Unit(s)
Exterior
Parking Features Detached, Asphalt, Parking Lot
Garage Spaces 12.0
Utilities Available Electric Common, Electric Separate
Building
Foundation 4248
Sewer City Sewer/Connected
Water City Water/Connected
Structure Type Brick/Stone
Schools
School District Mankato
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Andrew Atwood
Team Leader | Owner | Broker Associate | License ID: 40626463
Team Leader | Owner | Broker Associate License ID: 40626463