616 N Broad, Mankato, MN 56001

$250,000
2
BD
1
Full Bath
3,537
SqFt

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List Price
$250,000
MLS#
267041113
Property Type
Multifamily
Bedrooms
2
Total Bathrooms
1
Full Bathrooms
1
Sqft. of Residence
3,537

Property Description

Here's your opportunity to own a character-filled investment property with timeless curb appeal and solid updates. This spacious up/down duplex features an impressive original brick exterior, stunning woodwork, and architectural details that are hard to find—including a distinctive spire that makes this property an unforgettable local landmark. Each spacious unit offers 2 bedrooms, 1 bathroom, separate utilities, and its own washer and dryer, making management simple and convenient for both owner and tenants. Rich original woodwork, tall ceilings, and historic charm create inviting living spaces that tenants will appreciate. Outside, you'll find a large backyard and a rare triple detached garage, providing plenty of parking and storage. Major improvements have already been completed, including newer windows, roof, and gutters—all approximately four years old. The iconic spire was professionally painted at the same time, and the interior was refreshed with updated ceiling fans and light fixtures throughout. A walk-up attic provides exceptional storage and offers future potential. Whether you're looking to expand your investment portfolio or occupy one unit while generating rental income from the other, this well-maintained duplex blends historic character with practical updates and strong income-producing potential. Opportunities to own a property with this much charm, space, and architectural presence don't come along often.

Additional Information

Garage Spaces
3
Living Area
3,537
Stories
2 Story
Style
Duplex - Up & Down
Area
MANKATO CENTRAL

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: MICHELLE STARKEY (michelle@michellestarkey.com) from Listing Office: True Real Estate.