Description
709 S Second Street,
Mankato,
MN
56001
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!
This is an Active listing.
Broker Office Phone Number: 507-385-9405
Copyright © 2025Realtor 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.
Listing By: RE/MAX DYNAMIC AGENTS via Data Source: Realtor Association of Southern Minnesota
Price History
date | price | variance | type |
---|
10/25/2024 | $475,000 | 9.52 % | decreased |
4/1/2024 | $525,000 | - | Listed |
listing agent: CARLOS CARRERA