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418 Allan AVE North Mankato, MN 56003
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Key Details
Sold Price $2,900,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 6690456
Sold Date 08/12/25
Year Built 1980
Annual Tax Amount $15,627
Tax Year 2025
Contingent None
Lot Size 0.690 Acres
Acres 0.69
Lot Dimensions 186x183x210x123
Property Sub-Type Apartment
Property Description
Prime 12-unit - 12 garage apartment complex in Upper North Mankato is a fantastic investment opportunity, offering 100% occupancy and superb rental history. All 12 units are spacious two-bedroom apartments, with upper-level units featuring walk-out decks from both the living room and main bedroom. Five remodeled units with new flooring, cabinets, counter tops, vanity & lighting. Separate electric meters, wall A/C units in all apartments, & coin-operated laundry for extra income. Don't miss out on this strong rental property with a proven track record of full occupancy and steady cash flow for a long-term investment.
Location
State MN
County Nicollet
Zoning Residential-Multi-Family
Interior
Heating Baseboard
Cooling Wall Unit(s)
Fireplace No
Appliance Dishwasher, Range, Refrigerator
Exterior
Parking Features Detached, Asphalt, Parking Lot
Garage Spaces 12.0
Utilities Available Electric Common, Electric Separate
Present Use Residential
Building
Foundation 4248
Sewer City Sewer/Connected
Water City Water/Connected
Structure Type Brick/Stone
Schools
School District Mankato
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