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Off market
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  • $620,700

    414 Allan Avenue, North Mankato, MN 56003

    --beds
    --baths
    --sqft
    Multi Family
    Built in 1969
    -- sqft lot
    $620,700 Zestimate®
    $--/sqft
    $1,508 Estimated rent

    Home value

    $620,700

    $521,000 - $739,000

    $1,508/mo

    Zestimate® history
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    $3,919/mo

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    What's special

    This 12 unit apartment building in Upper North Mankato offers easy access to Highways 14 &169 and is just a few blocks from South Central Technical College. There are 11 two bedroom units and 1 one bedroom unit, 22 off street parking stalls and one detached garage currently used for tenants to store bikes, grills etc. Current owners have never had trouble keeping the apartments fully rented, as all units are month to month leases, but most renters have found security in that option and have generally been long term tenants. Current owner acknowledges that rents are lower than they could be, and would fully expect new owner to raise the rents to their liking. NOTEWORTHY ITEMS: Brick Building with new metal siding and new roof in 2013 [pitched and slopes to all four sides], driveway repair in 2013, appliances and flooring have always been replaced when needed, wall A/C units in all apartments, 12 electrical meters, 2 owned water softeners, 2 fifty gallon water heaters and coin operated w

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Listed by:

    ANDREW J KOLARS,

    REALTY EXECUTIVES ASSOCIATES

    Bought with:

    NATHAN GRUENZNER

    REALTY EXECUTIVES ASSOCIATES

    Source: Lake Superior Area Realtors as distributed by MLS GRID,MLS#: 2243519MLS Logo

    Facts & features

    Interior

    Heating
    • Natural Gas
    Appliances
    • Included: Water Heater - Gas, Range, Refrigerator
    • Laundry: Coin Operated Owned
    Features
    • Basement: Full,Finished
    Interior area
    • Finished area above ground: 7,680
    • Finished area below ground: 3,840

    Property

    Parking
    • Parking features: Asphalt, Detached
    • Has garage: Yes
    Lot
    • Size: 0.65 Acres
    • Dimensions: 28,504 SQ FT
    • Features: Many Trees
    • Residential vegetation: Heavily Wooded
    Details
    • Parcel number: 18.706.0240

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick, Metal, Frame/Wood
    • Foundation: Concrete Perimeter
    • Roof: Asphalt Shingle
    Condition
    • Previously Owned
    • Year built: 1969

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Mankato

    Other

    Other facts
    • Listing terms: Conventional
    • Road surface type: Paved

    Price history

    DateEventPrice
    12/19/2014Sold$550,000
    Source: Lake Superior Area Realtors as distributed by MLS GRID #2243519 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 56003

    Nearby schools

    GreatSchools rating
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