For Sale: Mankato MLS# 7069149
Active
NEW!
$425,000
Commercial: Other
Built 1920
0.366 acres
Mankato schools
MLS# 7069149
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Property Description
1614 + 1622 3rd Ave – Residential Package Rare chance to purchase two residential properties together in central Mankato. Package includes a 4-bedroom licensed rental with a 5 unrelated rental license plus a second home ready for full renovation. Insulated oversized 2 stall garage with office and loft area and ample parking lot. Strong opportunity for an investor seeking income, value-add potential, and long-term upside. Properties sold as-is. Buyer to verify licensing, condition, use, and assessments.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$425,000
Property Type:
Commercial
City:
Mankato
Garage Spaces:
2
County:
Blue Earth
Year Built:
1920
State:
MN
Property Style:
Other
Zip Code:
56001
Subdivision Name:
Mankato City
Exterior
Garage Spaces:
2
Foundation Size:
2,423 ft2
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
Detached Garage
Lot & Land
Acres:
0.366
Geolocation:
44.182353, -93.996116
Inclusions:
Building, Land
Lot Dimensions:
65X158
Zoning:
Business/Commercial
Schools
School District:
77
District Phone:
5073871868
Financial & Taxes
Tax Year:
2026
Annual Taxes:
None
Lender-owned:
No
Assessment Pending:
Yes
Taxes w/ Assessments:
$20,074
Units
Total Units:
2
Miscellaneous
Current Use:
Other
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Common
- Heating Common
Water System:
City Water/Connected
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of True Real Estate.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.