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About This Home
This 5-bedroom, 4-bathroom multi-family at 303 N Broad Street in Mankato, MN is listed for $390,000 ($79 per sqft). Built in 1885, the home offers 4,911 sqft of living space on a 0.15 acres lot.
Turnkey 4-unit investment opportunity in the heart of downtown Mankato. This 4,000+ sq ft property includes one 2-bedroom unit and three 1-bedroom units, all with full bathrooms, generating $3,075/month in rental income. Tenants pay electric and Wi-Fi, helping offset owner expenses.
Newer roof (2019). The 2-bedroom unit features a dishwasher, and all units offer some cosmetic updates. Additional highlights include shared on-site laundry on first floor, tall/vaulted ceilings, and two porches for extra storage. Located just minutes from downtown amenities, this property offers strong rental appeal and consistent occupancy potential. 24-hour notice to tour. Call for a private showing.
Key Features
- Built in 1885
- 0.15 acre lot
- 2 stories
- 7 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$2,086/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
303 N Broad Street
Mankato, MN 56001
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Cooling
Appliances
Questions & Answers
This 5-bedroom, 4-bathroom multi-family at 303 N Broad Street is listed at $390,000 ($79/sqft). The estimated monthly payment is $1,690 based on 20% down at 6.5% interest.
Key features include: Built in 1885, 0.15 acre lot, 2 stories, 7 parking spaces. Interior Features: Tiled Floors, Vaulted Ceilings, Walk-in Closet.
This property is listed by Tyler Bolduan and can be reached at 5073859405 or tylerbolduan.remax@gmail.com.
