Seller's Agent in 2019
Carlos Carrera
RE/MAX
(507) 720-4663
47 Total Sales
319 E Washington St Mankato, MN 56001
Washington Park Neighborhood
Studio
--
Bath
--
Sq Ft
--
Built
Highlights
- Detached Garage
- Forced Air Heating System
- 3-minute walk to Washington Park
- Franklin Elementary School Rated A
About This Home
As of August 2019Looking for an investment with good return and potential for upside? These two solid 6 unit buildings, centrally located in the heart of Mankato, have great rental history and room to increase cash flow. The buildings have been well maintained and have had numerous capital improvements such as; new roofs, furnaces and mostly all new plumbing. This investment is currently offering a 8% CAP which could easily be increase by self management, currently managed professionally. Call for your private tour today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,348
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Frame Construction
- Pitched Roof
- Asphalt Shingled Roof
- Concrete Block And Stucco Construction
Parking
- Detached Garage
- Driveway
- Open Parking
Utilities
- Forced Air Heating System
Community Details
- 12 Units
Listing and Financial Details
- Tenant pays for electric, fuel
- The owner pays for lawn, snow, trash, water/sewer
- Assessor Parcel Number R01.09.07.456.007
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/15/2019 08/15/19 | Sold | $835,000 | -12.0% | -- |
| 04/02/2019 04/02/19 | Price Changed | $949,000 | -2.7% | -- |
| 01/09/2019 01/09/19 | For Sale | $975,000 | -- | -- |
Source: REALTOR® Association of Southern Minnesota
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $13,908 | $1,006,200 | $191,200 | $815,000 |
| 2024 | $14,094 | $1,006,200 | $191,200 | $815,000 |
| 2023 | $9,144 | $1,041,400 | $197,800 | $843,600 |
| 2022 | $9,504 | $641,200 | $121,800 | $519,400 |
| 2021 | $9,142 | $614,600 | $116,800 | $497,800 |
| 2020 | $9,068 | $583,900 | $110,900 | $473,000 |
| 2019 | $9,090 | $583,900 | $110,900 | $473,000 |
| 2018 | $9,408 | $583,900 | $110,900 | $473,000 |
| 2017 | $9,050 | $609,300 | $115,700 | $493,600 |
| 2016 | $9,030 | $609,300 | $115,700 | $493,600 |
| 2015 | $87 | $609,300 | $115,700 | $493,600 |
| 2014 | $8,200 | $593,800 | $112,800 | $481,000 |
Source: Public Records
Agents Affiliated with this Home
-
Carlos Carrera
-
Shawna Wolfe
Buyer's Agent in 2019
Shawna Wolfe
Keller Williams Premier Realty
(507) 420-1877
99 Total Sales
Map
Source: REALTOR® Association of Southern Minnesota
MLS Number: 7019824
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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