11
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$415,000
Est. payment /mo
6,098 Sqft Lot
Active
321 Warren ST Mankato, MN 56001
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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
Turnkey 6-Unit Investment – Fully Leased Through 2026 with gross rents at $5,025/month
This 6-unit property is fully leased with all leases in place into 2026. The building has a strong history of consistent occupancy and dependable tenants, which means less stress and fewer surprises. Turnover has been low and most of the renters in place are long-term tenants. Several updates have been made over the past couple of years including flooring, paint, and miscellaneous interior work.
Located in a convenient area with access to local businesses and public transportation, this is a solid investment opportunity to get into at just under $70k/unit. If you're looking for a solid buy-and-hold opportunity that's already performing, this is worth a closer look.
This 6-unit property is fully leased with all leases in place into 2026. The building has a strong history of consistent occupancy and dependable tenants, which means less stress and fewer surprises. Turnover has been low and most of the renters in place are long-term tenants. Several updates have been made over the past couple of years including flooring, paint, and miscellaneous interior work.
Located in a convenient area with access to local businesses and public transportation, this is a solid investment opportunity to get into at just under $70k/unit. If you're looking for a solid buy-and-hold opportunity that's already performing, this is worth a closer look.
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
Listed by Thomas Stang • Financially Free, LLC