520 S 2nd Street, Mankato, MN
$550,000
9
Beds
5
Baths
4,000
Square feet
0.24
Acres
About 520 S 2nd Street
This spacious 9 bedroom 5 bath licensed duplex is fully leased up. Tenants pay natural gas & electric owner pays w/s. Rent is $5015/month. Located in an "OPPORTUNITY ZONE"! Rents- 1 lease covers both units $4500/month, garage $150/month, surface parking $365/month. 8.6 CAP.
Features of 520 S 2nd Street
| MLS® # | 7098936 |
|---|---|
| Price | $550,000 |
| Bedrooms | 9 |
| Bathrooms | 5.00 |
| Square Footage | 4,000 |
| Acres | 0.24 |
| Year Built | 1884 |
| Type | Single Family |
| Sub-Type | Duplex |
| Status | Active |
Community Information
| Address | 520 S 2nd Street |
|---|---|
| Subdivision | Auditors 1 |
| City | Mankato |
| County | Blue Earth |
| State | MN |
| Zip Code | 56001 |
Amenities
| Parking | Assigned, Parking Lot |
|---|---|
| # of Garages | 2 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Baseboard, Forced Air |
|---|---|
| Fireplace | No |
| Has Basement | Yes |
| Basement | Unfinished |
Exterior
| Exterior Features | Stone, Stucco |
|---|
School Information
| District | Mankato |
|---|
Additional Information
| Zoning | Business/Commercial,Residential-Multi-Family |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| Taxes | $5,260 |
| Tax Year | 2026 |
| Office | RE/MAX Results |
Listing Details
| Office | RE/MAX Results |
|---|