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$420,000
Est. payment /mo
6,098 Sqft Lot
UPDATED:
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Auditors 4
MLS Listing ID 6712970
Year Built 1870
Annual Tax Amount $5,164
Tax Year 2024
Contingent None
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 55x100
Property Sub-Type Apartment
Property Description
Solid Investment Opportunity – Fully Rented 6-Unit Property with Reliable Cash Flow
If you're looking for a dependable, income-producing multifamily, this 6-unit property delivers steady performance and solid numbers from day one.
Property Highlights:
Fully Occupied: All 6 units are currently rented with long-term, reliable tenants.
Consistent Cash Flow: Proven income history makes this a great option for buy-and-hold investors. Current monthly rents total $5025.
Low Turnover: Tenant stability helps keep vacancy and turnover costs low.
Practical Updates: Some recent improvements in the past couple of years (flooring, paint, and misc. interior work).
Location: Set in a convenient area with easy access to local businesses and public transportation — ideal for renters looking for value.
If you're looking for a dependable, income-producing multifamily, this 6-unit property delivers steady performance and solid numbers from day one.
Property Highlights:
Fully Occupied: All 6 units are currently rented with long-term, reliable tenants.
Consistent Cash Flow: Proven income history makes this a great option for buy-and-hold investors. Current monthly rents total $5025.
Low Turnover: Tenant stability helps keep vacancy and turnover costs low.
Practical Updates: Some recent improvements in the past couple of years (flooring, paint, and misc. interior work).
Location: Set in a convenient area with easy access to local businesses and public transportation — ideal for renters looking for value.
Location
State MN
County Blue Earth
Zoning Residential-Multi-Family
Interior
Heating Forced Air
Inclusions Building
Fireplace No
Exterior
Parking Features Parking Lot
Utilities Available Electric Separate, Heating Separate, Hot Water Common
Present Use Residential
Building
Foundation 2063
Sewer City Sewer/Connected
Water City Water/Connected
Structure Type Block
Schools
School District Mankato
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Listed by Thomas Stang • Financially Free, LLC
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