221 Walnut St
$695,000
221 Walnut St, Mankato, MN 56001
For Sale
Multifamily
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!
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