Owner occupants are welcome. Bottom two units will be available in August. 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.
Features
5 bedrooms
4 bathrooms
directions_car1 carspace
4911 sq. ft. floor area
crop_free0.15 ac. lot size
cottageMulti-Family
Property history for 303 North Broad Street
2023
Sold
Undisclosed
05 Jan 2023
Happy sellers in Mankato
88%
sentiment_very_satisfied
88% of sellers in Mankato reported that their sale price either exceeded or met their price expectations.
Mankato stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.
This is based on voluntary sentiment collected from 5 reviews in Mankato over the last 12 months.
Local market activity for 5 bedroom multi families in Mankato
Sold
For Sale
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