709 S Second, Mankato, MN 56001

$525,000
6,283
SqFt
List Price
$525,000
MLS#
7034561
Property Type
Multifamily
Sqft. of Residence
6,283

Property Description

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!

Additional Information

Garage Spaces
2
Living Area
6,283
Stories
2.25 - 2.75 Story
Style
Apartment Building (L)
Area
MANKATO CENTRAL

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: CARLOS CARRERA (wesellmankato@gmail.com) from Listing Office: Re/Max Dynamic Agents.