722 N Broad Street, Mankato, MN 56001
722 N Broad Street, Mankato, MN 56001
722 N Broad Street, Mankato, MN 56001
722 N Broad Street, Mankato, MN 56001
722 N Broad Street, Mankato, MN 56001
722 N Broad Street, Mankato, MN 56001
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Becky Boelter

Becky Boelter

+1(320) 296-3225
$ 374,900
Est. payment | /mo

3 Beds

2 Baths

2,636 SqFt

Save
$ 374,900
Est. payment | /mo
Save

3 Beds

2 Baths

2,636 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,636 sqft

Price per Sqft $142

Subdivision Mn

MLS Listing ID 267041857

Style Duplex - Up & Down

Bedrooms 3

Full Baths 1

Construction Status Previously Owned

Abv Grd Liv Area 2,636

Annual Tax Amount $3,914

Tax Year 2026

Lot Size 10,454 Sqft

Acres 0.24

Lot Dimensions 66x157

Property Sub-Type Multi-Family

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 utilities, helping minimize ownership expenses. Electricity is separately metered, while gas, water/sewer, and refuse expenses are allocated between the units according to their leases. Additional highlights include beautiful original-style woodwork, spacious living areas, a covered porch, upper-level balcony, detached garage, additional outbuilding, and generous yard space. With extensive renovations, major improvements already completed, and established rental income, this property offers an outstanding opportunity to own a well-maintained, income-producing duplex in Mankato! Schedule your private showing today! 24 hour notice for showings.

Location

State MN

County Blue Earth County

Area Mankato Central

Direction N

Rooms

Basement Partially Finished

Interior

Heating Boiler

Appliance Dishwasher, Range/Stove, Refrigerator

Exterior

Exterior Feature Metal

Parking Features Detached

Garage Description Detached

Roof Type Asphalt Shingles

Building

Story 2 Story

Foundation 1017

Sewer City

Water City

Structure Type Frame/Wood

Construction Status Previously Owned

Schools

School District Mankato #77

Others

Energy Description Natural Gas

Listed by AMERICAN WAY REALTY

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Becky Boelter

+1(320) 296-3225

becky@tlprealestate.com

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722 N Broad Street