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$ 374,900
Est. payment /mo
New
722 N Broad ST Mankato, MN 56001
2 Beds
2 Baths
2,963 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex Up and Down
Listing Status Active
Purchase Type For Sale
Square Footage 2,963 sqft
Price per Sqft $126
Subdivision Mankato
MLS Listing ID 7164120
Bedrooms 2
Year Built 1906
Annual Tax Amount $3,914
Tax Year 2026
Contingent None
Lot Size 10,454 Sqft
Lot Dimensions 66 x 157
Property Sub-Type Duplex Up and Down
Property Description
Fantastic investment opportunity! This extensively renovated up-and-down duplex offers an exceptional combination of modern updates, classic charm, and established rental income! Currently generating $3,520 per month ($42,240 annually) from the two residential units and garage rentals, this property is an excellent opportunity for investors looking to expand their portfolio. Featuring a spacious 3-bedroom upper unit and 2-bedroom main-floor unit, the property offers over 2,600 square feet of living space. The upper unit was completely remodeled in 2026, while the main-floor unit received a beautifully remodeled kitchen and bathroom. Additional 2026 improvements include all-new exterior vinyl siding, windows, kitchen appliances, updated electrical throughout the upper unit and portions of the main floor, and a new stackable washer and dryer upstairs. Other major improvements include a new roof in 2023 and a new boiler in 2022. Both units feature portable air conditioning, and tenants are responsible for all
Location
State MN
County Blue Earth
Rooms
Basement Full
Interior
Heating Boiler
Fireplace No
Exterior
Garage Spaces 2.0
Building
Story Two
Foundation 1017
Sewer City Sewer - In Street
Water City Water - In Street
Level or Stories Two
New Construction false
Schools
School District Mankato
Listed by Zachary Murra • American Way Realty