414 Allan AVE Active

North Mankato,MN 56003

$ 1500000

- Bed

- Bath

- SqFt


Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Pleasant View Sub

MLS Listing ID 6690362

Year Built 1969

Annual Tax Amount $12,095

Tax Year 2025

Contingent None

Lot Dimensions 288x115x36x206

Property Sub-Type Apartment

Property Description

This well-maintained 12-unit apartment building in Upper North Mankato is a fantastic investment opportunity! The property features 11 spacious two-bedroom units and 1 newly remodeled one-bedroom unit. Key features include four remodeled units with new flooring, cabinets, counter tops, vanity & lighting. Tiled hallways for easy maintenance, separate electric meters, wall A/C units in all apartments, off street parking, two tankless boiler systems installed in 2023 for energy efficiency and coin-operated laundry for additional income. This property is fully occupied with reliable tenants providing a steady income stream and long-term investment potential

Location

State MN

County Nicollet

Zoning Residential-Multi-Family

Interior

Heating Hot Water

Cooling Wall Unit(s)

Inclusions Building

Fireplace No

Exterior

Parking Features Asphalt,Parking Lot

Utilities Available Electric Separate

Present Use Residential

Building

Foundation 3840

Sewer City Sewer/Connected

Water City Water/Connected

Structure Type Brick/Stone,Metal Siding

Schools

School District Mankato

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