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About This Home
This 0-bedroom, 0-bathroom commercial at 123 N 4th Street in Mankato, MN is listed for $2,100,000. Built in 1926, on a 0.24 acres lot.
28-unit apartment building investment opportunity! This property features 23 one-bedroom units, 3 two-bedroom units, and 2 studio apartments. Recent improvements include new windows, updated flooring, fresh paint, new doors, tiled hallways, on site laundry area, and select units with upgraded kitchen cabinetry and countertops.
While many updates have been completed, the property still offers additional renovation opportunities for a new owner to further enhance value and increase rents. With the ability to update remaining units and place your own tenants, this is an ideal opportunity for investors looking to customize management and maximize returns. Located within walking distance to downtown amenities and public transit.
Key Features
- Built in 1926
- 0.24 acre lot
Property Details
Monthly Cost Estimate
$11,231/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
123 N 4th Street
Mankato, MN 56001
Features & Amenities
Exterior Features
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 123 N 4th Street is listed at $2,100,000. The estimated monthly payment is $9,100 based on 20% down at 6.5% interest.
Key features include: Built in 1926, 0.24 acre lot. Exterior Features: Brick/Stone.
This property is listed by Shawna L. Wolfe and can be reached at 5074201877 or swolfe@kw.com.