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204 N 5th Street Mankato, MN $ 400,000
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$ 400,000 Get more info
204 N 5th Street
$ 400,000
Back to search
Share Save

204 N 5th Street

Mankato, MN, 56001
$ 400,000
Bedrooms8 Baths4.0 Sq 2,766

Monthly Estimate*

$ 2,659

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Multi-Family Home for sale in Mankato, MN

for $400,000 with 8 bedrooms and 4 full baths. This 2,766 square foot home was built in 1905 on a lot size of 0.14.

Gorgeous Victorian house, currently a 4-plex for sale in a prime rental location, with easy access to downtown and campus. This property is great for investors seeking a lucrative addition to their portfolio. With a total of 8 bedrooms, and 4 bathrooms, this income producing property already houses a fully rented out property. The property's well-built and maintained structure has many updates, and has also has maintained the integrity of its era. Stability is key, and this property delivers with solid leases in place, offering a dependable stream of income. Newer furnace, 10-year-old boiler recently serviced, owner pays utilities, one meter. Coin laundry available for all tenants. 48-hour notice to show.

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Multi-Family Active

Price

$ 400,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 4,044

Style

Quadruplex

Lot Size

0.14

Year Built

1905

Town/City

Mankato

County/Region

Blue Earth

MLS | Web ID

6477568
Features
General
Sewer City Sewer/Connected
Heating Hot Water
Roof Asphalt
Garage Spaces 1
Construction Materials Brick/Stone Wood Siding
Year Built 1905
Levels More Than 2 Stories
Property SubType Quadruplex
Tax Year 2023
Gross Income 18766
Accessibility None
County Blue Earth
Operating Expense 15361
Insurance Expense 2700
New Construction N
Property Type Residential Income
Contingency None
Subdivision Name Mankato
Directions Hwy. 169 to Belgrade Ave.keep left to continue on Mulberry st. House on corner of Mulberry and 5th
City Mankato
Buyer Agent Compensation 2.70
High School District Mankato
NumberOfUnitsTotal 4
Lot Size Units Acres
Street Name 5th
Land Lease Y/N N
Tax Annual Amount 4044
Electric Expense 2384
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 4769
Additional Parcels Y/N N
Days on Market 110
Standard Status Active
Lender Owned No
Buyer Agent Compensation Type %
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Interior
Basement Partially Finished Shared Access Single Tenant Access Storage/Locker Stone/Rock
Basement (Y/N) Y
Above Grade Finished Area 1591
Street Suffix Street
Below Grade Finished Area 1175
Fuel Other
Garage Dimensions 15x21
Garage Square Feet 315
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Exterior
Water Source City Water/Connected
Lot Size Area 0.14
Lot Dimensions 66x90
Foundation Area 1311
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Internal Only
Street Number 1 204
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* Excluded Features
List By
True Real Estate

Broker

cara@truerealestateMN.com

Email

Affordability Calculator

$2,996
Per Month
89%
11%
0%
Monthly Principal & Interest
$2,659
Monthly Property Taxes
$337
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
708596 Elementary School
708778 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/26/2024$400,000 Listed Price

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204 N 5th Street, Mankato, MN, 56001 is a Multi-Family Home for sale at $400,000 with 2,766 sqft and a lot size of 0.14. 204 N 5th Street has 8 bedrooms, 4.0 baths, and was built in 1905. The property's zip code is 56001 which is in Mankato, MN

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