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722 N Broad Street , Mankato, MN 56001

$374,900
  • 722 N Broad Street , Mankato, MN 56001 Main Photo

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New to the Market Active
BEDS0 BATHS SQUARE FEET2,963 MLS#7164120
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONMankato SCHOOLMankato

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

722 N Broad Street | MLS# 7164120

This multi-family property located at 722 N Broad Street , Mankato, MN 56001 is currently listed for sale with an asking price of $374,900. N Broad Street is located within the Mankato school district. Search Mankato real estate on www.homesbyjoel.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full
Garage: 2
Heating: Boiler
Lot Size: 0.24 Acres
Taxes: $3,914
Year Built: 1906

Feature Descriptions

Days on Site: 1
Foundation Size: 1017
Lot Dimensions: 66 x 157
Parcel#: R010907408023
Sewer: City Sewer - In Street
Units: 2
Water: City Water - In Street

Local Schools

School District: Mankato

Listed By / Shown By

Listed By

Agency Name: American Way Realty
Agency Phone: 507-345-4040

Shown By

Agency Title: Joel Hentges - Re/Max Advantage Plus
Agency Phone: 952-475-9541

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Estimate Your Payment

Estimated Payment

$ 1,269.88 per month $834.36 Principal & Interest $326.17 Property Tax $109.35 Homeowner's Insurance

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