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221 Walnut St

$695,000

221 Walnut St, Mankato, MN 56001

Active
Last Updated: 05/05/2025

0.07 acres

Lot Area

6

Units

Details:
Lot Area:    0.07 acres
Units:    6
Year Built:    1920
Zoning:    Residential-Multi-Family
Highlights:
  • Lot Size Dimensions: .06 acres
  • Stories: Two
  • Days on Market: 5
Description:

This fully leased six-unit investment property is a fantastic opportunity for any investor. Five of the 6 units have been updated. The building features a newer roof, new appliances, modern flooring, and energy-efficient windows. Each unit is heated with electric baseboard heat, ensuring low-maintenance and reliable warmth. A newly installed secured common entrance enhances tenant safety and adds to the property’s appeal. With strong rental demand in the area, this turnkey property offers immediate cash flow and long-term investment potential. Don’t miss out on this low-maintenance, income-generating opportunity—schedule a showing today!

Map:
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