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BoardWalk Premier Realty
722 N Broad Street, Mankato, MN 56001
- $374,900
- 2
- BD
- 2
- BA
- 2,963
- SqFt
- List Price
- $374,900
- MLS#
- 7164120
- Status
- ACTIVE
- Type
- Multifamily
- Style
- (MF) Duplex Up and Down
- Bedrooms
- 2
- Bathrooms
- 2
- Living Area
- 2,963
- Acres
- 0.24
- Subdivision
- Mankato
- Year Built
- 1906
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
Additional Information
- School District
- Mankato
- Tax Year
- 2026
- Fuel
- Natural Gas
- Sewer
- City Sewer - In Street
- Heating
- Boiler
- Water
- City Water - In Street
- Basement
- Full
- Garage Spaces
- 2
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Listing courtesy of American Way Realty.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.
Listing data © 2026 Regional Multiple Listing Service of Minnesota. All rights reserved. By searching, you agree to the EULA.