321 Warren ST Active Save Request In-Person Tour Request Virtual Tour
Mankato,MN 56001
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 5,662 sqft
Price per Sqft $73
Subdivision Auditors 4
MLS Listing ID 6712970
Year Built 1870
Annual Tax Amount $5,194
Lot Size 5,662 Sqft
Property Description
Turnkey 6-Unit Investment – Fully Leased Through 2026 with gross rents at $5,025/month
This 6-unit property is fully leased with all leases in place into 2026. The building has a strong history of consistent occupancy and dependable tenants, which means less stress and fewer surprises. Turnover has been low and most of the renters in place are long-term tenants. Several updates have been made over the past couple of years including flooring, paint, and miscellaneous interior work.
Located in a convenient area with access to local businesses and public transportation, this is a solid investment opportunity to get into at just under $70k/unit. If you're looking for a solid buy-and-hold opportunity that's already performing, this is worth a closer look.
Location
State MN
County Blue Earth
Community Auditors 4
Interior
Heating Forced Air
Exterior
Parking Features Parking Lot
Utilities Available Electric Separate,Heating Separate,Hot Water Common
Building
Water City Water/Connected