$600,000
$639,000
6.1%For more information regarding the value of a property, please contact us for a free consultation.
316 E Lafayette ST Mankato, MN 56001
4,488 SqFt
Key Details
Sold Price $600,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,488 sqft
Price per Sqft $133
Subdivision Revised Auditors 19
MLS Listing ID 6478785
Sold Date 07/01/24
Year Built 1998
Annual Tax Amount $6,926
Tax Year 2023
Contingent None
Lot Size 0.280 Acres
Acres 0.28
Property Description
Welcome to an outstanding investment opportunity! This four-plex, featuring four 2-bedroom, 2-bathroom units, each spanning 1,122 square feet, is a prime choice for investors seeking a lucrative addition to their portfolio. The convenience factor is evident in every unit, as each comes equipped with its own garage, laundry and storage space. The property's well-built and maintained structure adds to its appeal, ensuring a solid and reliable investment for investors. Stability is key, and this property delivers with solid leases in place, offering a dependable stream of income. Located in a sought-after area, this four-plex is a simple, comfortable, and practical choice for those looking to maximize their investment potential. Act now to seize this opportunity – schedule a showing today! Tenants require a 24-hour notice. Agent is related to seller.
Location
State MN
County Blue Earth
Rooms
Basement Block, Daylight/Lookout Windows, Finished, Full
Interior
Heating Forced Air
Fireplace No
Exterior
Garage Spaces 4.0
Roof Type Asphalt
Building
Story Split Entry (Bi-Level)
Foundation 2244
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Split Entry (Bi-Level)
Structure Type Metal Siding
New Construction false
Schools
School District Mankato
Read Less
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