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612-404-9114
Bridge Realty
722 N Broad Street, Mankato, MN 56001
- $374,900
- 2
- BD
- 2
- BA
- 2,963
- SqFt
- List Price
- $374,900
- MLS#
- 7164120
- Status
- ACTIVE
- Type
- Multifamily
- Style
- (MF) Duplex Up and Down
- Bedrooms
- 2
- Bathrooms
- 2
- Living Area
- 2,963
- Acres
- 0.24
- Subdivision
- Mankato
- Year Built
- 1906
Property Description
Fantastic investment opportunity! This extensively renovated up-and-down duplex offers an exceptional combination of modern updates, classic charm, and established rental income! Currently generating $3,520 per month ($42,240 annually) from the two residential units and garage rentals, this property is an excellent opportunity for investors looking to expand their portfolio. Featuring a spacious 3-bedroom upper unit and 2-bedroom main-floor unit, the property offers over 2,600 square feet of living space. The upper unit was completely remodeled in 2026, while the main-floor unit received a beautifully remodeled kitchen and bathroom. Additional 2026 improvements include all-new exterior vinyl siding, windows, kitchen appliances, updated electrical throughout the upper unit and portions of the main floor, and a new stackable washer and dryer upstairs. Other major improvements include a new roof in 2023 and a new boiler in 2022. Both units feature portable air conditioning, and tenants are responsible for all
Additional Information
- School District
- Mankato
- Tax Year
- 2026
- Fuel
- Natural Gas
- Sewer
- City Sewer - In Street
- Heating
- Boiler
- Water
- City Water - In Street
- Basement
- Full
- Garage Spaces
- 2
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Listing courtesy of American Way Realty.
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