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520 S 2nd Street, Mankato, MN 56001

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Listed By

Agency Name: RE/MAX Results
Agency Phone: 952-431-2400

Shown By

Agency Title: Counselor Realty
Agency Phone:

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Property Description

LOCATED IN AN OPPORTUNITY ZONE. This investment property has four streams of income. There is a main level five bedroom, three bath apartment. There is an upper level four bedroom one bath apartment. Both apartments include a washer/dryer. There is off street parking for tenants and guests. There are six rented parking stalls adding extra income. The double garage is also rented separately. The interior finishes include marble, tile, granite, and stainless steel appliances. There is a private 19x17 patio on the south side of the property. This is located on the city bus route and walkable to everything downtown. It's about a half mile to Minnesota State University Mankato campus and has been traditionally occupied by students. The zoning is CBDF, Central Business District Fringe. The garage is a possible office conversion.

520 S 2nd Street | MLS# 7025043

This commercial property located at 520 S 2nd Street, Mankato, MN 56001 is currently listed for sale with an asking price of $564,900. S 2nd Street is located within the Mankato school district. Search Mankato real estate on www.counselorrealty.com today.

Property Features

Property Type: Commercial - Business
Basement: Yes
Cooling: Central Air
Fuel Type: Electric, Natural Gas
Garage: 2
Heating: Baseboard, Forced Air
Lot Size: 0.24 Acres
Taxes: $5,410
Year Built: 1884

Feature Descriptions

Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
Basement: Unfinished
Current Use: Residential
Days on Site: 55
Foundation Size: 1000
Lot Dimensions: 66x157.5
Owners Expense: Electricity, Heat, Hot Water, Insurance, Grounds Care, Repairs, Snow Removal, Taxes, Trash Collection, Water
Parcel#: R010918106027
Parking: Attached Garage, Paved Lot
Road Frontage: City Street
Sale Includes: Building, Land, Rental License
Sewer: City Sewer/Connected
Tenant Expenses: Broadband, Cable TV, Telephone
Units: 2
Utilities: Electric Separate, Heating Separate, Hot Water Common
Water: City Water/Connected

Local Schools

School District: Mankato

Near By

Demographics

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