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709 S Second Street
Mankato MN 56001 US

$475,000

Active Listing ID 7034561
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10 bed
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Lot: 0.24 Acres

$475,000

Active Listing ID 7034561
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709 S Second Street Welcome to your next investment opportunity in the heart of a bustling city! This six-unit complex, primely situated near downtown, schools, and the Mankato State University, presents an enticing prospect for savvy investors seeking substantial returns. Although in need of complete rehabilitation, this property holds immense potential for lucrative returns once the renovations are completed. This six-unit complex presents an exceptional investment opportunity for those willing to undertake the necessary renovations. With its prime location, strong rental market, and potential for significant returns, this property is a promising addition to any investor's portfolio. Don't miss out on the chance to transform this property into a lucrative income-generating asset in the heart of the city with potential returns of 10% cash on cash!

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Property Features

  • Facts
  • Lot Size: 0.24 Acres
  • Property Type: Residential Multi Family
  • Features
  • Heating Fuels: Hot Water, Radiant

Property

  • propertytype: Residential Multi Family
  • listprice: 475000
  • unparsedaddress: 709 S Second Street
  • postalcity: Mankato
  • stateorprovince: MN
  • country: US
  • postalcode: 56001
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.24
  • lotsizeunits: Acres
  • lotsizearea: 0.24
  • livingarea: 6283
  • livingareaunits: Square Feet
  • latitude: 44.160678
  • longitude: -94.006822
  • listagentfullname: CARLOS CARRERA
  • listagentemail: wesellmankato@gmail.com
  • listagentkey: 3yd-RASMMN-881
  • listagentmlsid: 881
  • listagentpreferredphone: 5073852107
  • listagentofficephone: 5073859405
  • listofficekey: 3yd-RASMMN-234
  • listofficemlsid: 234
  • disclaimer: Copyright © 2024 Realtor Association of Southern Minnesota. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: RASMMN
  • yearbuilt: 1881
  • listingcontractdate: 2024-04-01
  • countyorparish: Blue Earth County
  • parcelnumber: R010918156003
  • elementaryschooldistrict: Mankato #77
  • middleorjuniorschooldistrict: Mankato #77
  • highschooldistrict: Mankato #77
  • heating: Hot Water, Radiant
  • numberofunitstotal: 6
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 2
  • waterfrontyn: False
  • franchiseaffiliation: RE/MAX International
  • architecturalstyle: Other
  • rooms: Basement, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: False
  • location: -94.00682, 44.16068
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"RE/MAX Dynamic Agents", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"wesellmankato@gmail.com", "ListBrokerageCity":"Mankato", "ListBrokerageCountry":null, "ListBrokerageEmail":"dterrell54@gmail.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/RASMMN/e57996804d1d11e6bf4602420af51809/20180523214521886.png", "ListBrokerageName":"RE/MAX Dynamic Agents", "ListBrokeragePhone":"507-385-9405", "ListBrokeragePostalCode":"56001", "ListBrokerageStateOrProvince":null, "ListBrokerageUnitNumber":"Suite 100", "ListBrokerageUnparsedAddress":"1720 Adams Street", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"1720 Adams Street", "ListOfficeAddress2":"Suite 100", "ListOfficeBrokerMlsId":"611", "ListOfficeCity":"Mankato", "ListOfficeCountry":"US", "ListOfficeEmail":"dterrell54@gmail.com", "ListOfficePostalCode":"56001", "ListOfficeStateOrProvince":"MN", "ListPriceCurrencyType":"USD", "ListingTitle":"Apartment Building (L), Multi-Family - Mankato, MN", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/709-S-2nd-St_Mankato_MN_56001_M83362-49949?f=listhub&s=RASMMN&m=7034561&c=rexren", "MLSModificationTimestamp":"2024-10-24T19:39:30Z", "Neighborhoods":[{"Description":null, "Name":"MANKATO CENTRAL"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":5367, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 11/8/2024 8:01:08 AM GMT
Source Updated Date: 12/22/2024 6:50:18 AM GMT

Courtesy of: CARLOS CARRERA, RE/MAX DYNAMIC AGENTS, wesellmankato@gmail.com

Copyright © 2024 Realtor Association of Southern Minnesota. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.