123 N 4th Street Mankato, MN - Image 1123 N 4th Street Mankato, MN - Image 2123 N 4th Street Mankato, MN - Image 3123 N 4th Street Mankato, MN - Image 4123 N 4th Street Mankato, MN - Image 5123 N 4th Street Mankato, MN - Image 6123 N 4th Street Mankato, MN - Image 7

$2,100,000

0 Beds 0 Baths 0 SQFT 0.00 Acres
Type: Commercial

123 N 4th Street
Mankato, MN 56001

MLS#: 7039895
The Real Estate Advantage
Office: 952.224.8800
Presented by: Keller Williams Premier Realty

Property Description

 

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


 

Interior Features

Other Interior Features

Fireplace 1No
Fireplace 2No
Fireplace 3No
Total Number of Units28

General

CoolingNone
HeatingBoiler
Road FrontageCity Street
RoofFlat
Sale/LeaseFor Sale
Sale/RentFor Sale
School DistrictMankato #77
SewerCity
StatusActive
StatusCONTNGNT-OTHER
SubdivisionMN
WaterCity
Year Built1926

Exterior

Construction TypeConcrete Block
ExteriorBrick
Foundation Size21648
WaterfrontNo

Additional Details

Price History

Schools 

High School N/A
Elementary School N/A
Middle School N/A

  

Similar Properties

$2,100,000

0 Beds 0 Baths 0 SQFT 0.00 Acres
Type: Commercial

123 N 4th Street
Mankato, MN 56001

MLS#: 7039895
The Real Estate Advantage
Office: 952.224.8800