321 Warren ST new

Mankato,MN 56001

$ 420000

- Bed

- Bath

- SqFt


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

Lot Size 6,098 Sqft

Property Sub-Type Apartment

Property Description

Solid Investment Opportunity – Fully Rented 6-Unit Property with Reliable Cash Flow

If you're looking for a dependable, income-producing multifamily, this 6-unit property delivers steady performance and solid numbers from day one.

Property Highlights:

Fully Occupied: All 6 units are currently rented with long-term, reliable tenants.

Consistent Cash Flow: Proven income history makes this a great option for buy-and-hold investors. Current monthly rents total $5025.

Low Turnover: Tenant stability helps keep vacancy and turnover costs low.

Practical Updates: Some recent improvements in the past couple of years (flooring, paint, and misc. interior work).

Location: Set in a convenient area with easy access to local businesses and public transportation — ideal for renters looking for value.

Location

State MN

County Blue Earth

Zoning Residential-Multi-Family

Interior

Heating Forced Air

Inclusions Building

Exterior

Parking Features Parking Lot

Utilities Available Electric Separate,Heating Separate,Hot Water Common

Building

Foundation 2063

Sewer City Sewer/Connected

Water City Water/Connected

Structure Type Block

Schools

School District Mankato

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