Real Estate Agent Neal Anderson, Managing Broker
Neal Anderson, Managing Broker
(612) 865-5955
Counselor Realty, Inc
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123 N 4th Street, Mankato, MN 56001

$2,100,000
MLS# 7049981
  • 123 N 4th Street, Mankato, MN 56001 Main Photo

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Neal Anderson, Managing Broker

Neal Anderson, Managing Broker
Call: (612) 865-5955

STATUS: Active
PROPERTY TYPE: Commercial - Business
SUBDIVISION: Mankato
SCHOOL: Mankato

Property Description

28-unit apartment building investment opportunity! This property features 19 one-bedroom units, 3 two-bedroomunits, and 6 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 manyupdates have been completed, the property still offers additional renovation opportunities for a new owner to furtherenhance value and increase rents. With the ability to update remaining units and place your own tenants, this is anideal opportunity for investors looking to customize management and maximize returns. Located within walkingdistance to downtown amenities and public transit.

123 N 4th Street | MLS# 7049981

This commercial property located at 123 N 4th Street, Mankato, MN 56001 is currently listed for sale with an asking price of $2,100,000. N 4th Street is located within the Mankato school district. Search Mankato real estate on nanderson.counselorrealty.com today.

Property Features

Property Type: Commercial - Business
Fuel Type: Natural Gas
Heating: Boiler
Lot Size: 0.24 Acres
Stories: 3.0
Taxes: $24,063
Year Built: 1926

Feature Descriptions

Current Use: Residential
Days on Site: 10
Foundation Size: 5412
Lot Dimensions: 158x67
Parcel#: R010918203004
Parking: On-Street Parking Only
Sale Includes: Building
Sewer: City Sewer/Connected
Units: 28
Utilities: Electric Separate
Water: City Water/Connected

Local Schools

School District: Mankato

Listed By / Shown By

Listed By

Agency Name: Keller Williams Premier Realty
Agency Phone: 507-424-4422

Shown By

Agent Name: Neal Anderson, Managing Broker
Agent Phone: (612) 865-5955
Agency Title: Counselor Realty

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Agency License Information: Counselor Realty, Inc. is licensed in Minnesota and Wisconsin; Counselor Realty, Inc. of Alexandria is licensed in Minnesota; Counselor Realty Detroit Lakes, LLC is licensed in Minnesota; Counselor Realty of Rochester is licensed in Minnesota; Counselor Realty of Victoria, LLC is licensed in Minnesota; Counselor Realty of Brainerd is licensed in Minnesota.

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