321 Warren Street, Mankato, MN

$410,000

Previous Next

0.14

Acres

About 321 Warren Street

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.

Features of 321 Warren Street

MLS® # 6712970
Price $410,000
Bathrooms 0.00
Acres 0.14
Year Built 1870
Type Commercial Sale
Sub-Type Apartment
Style Apartment
Status Active

Community Information

Address 321 Warren Street
Subdivision Auditors 4
City Mankato
County Blue Earth
State MN
Zip Code 56001

Amenities

Garages Parking Lot
Is Waterfront No
Has Pool No

Interior

Heating Forced Air
Fireplace No

Exterior

Construction Block

School Information

District Mankato

Additional Information

Days on Market 169
Zoning Residential-Multi-Family
Foreclosure No
Short Sale No

Listing Details

OfficeFinancially Free, LLC

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?