
412 Holly Ln Mankato, MN 56001
Peacepipe Park NeighborhoodEstimated payment $7,734/month
About This Home
Prime Investment Opportunity! This fully renovated and fully leased 4-unit 3 bedroom townhome property offers modern upgrades and excellent rental potential. Each unit features brand-new stainless steel appliances, updated plumbing and lighting, new toilets, sinks, outlets, and CO/smoke detectors. Enjoy year-round comfort with a high-efficiency furnace, AC condenser, and tankless water heater. Stylish interiors include new tile flooring, plush carpeting, and fresh paint. The kitchen boasts new cabinetry with granite countertops, while the bathrooms feature marble vanities. Each unit comes equipped with a high-efficiency washer and dryer. Additional perks include a single-stall garage with keyless entry and a private rooftop deck with maintenance free decking above the garage for outdoor relaxation. Rental incomes of $2200/month per unit. Tenants pay all utilities.
Listing Agent
True Real Estate Brokerage Email: dan@truecommercialmn.com Listed on: 03/14/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,816
Year Built
- Built in 1969
Parking
- 4 Car Garage
Interior Spaces
- 2,400 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 12 Bedrooms
- 8 Bathrooms
Utilities
- Forced Air Heating System
Community Details
- 4 Units
- Scheurers Sunray Add Subdivision
Listing and Financial Details
- Assessor Parcel Number R010916102005
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
03/14/2025 03/14/25 | For Sale | $1,295,000 | 0.0% | $540 / Sq Ft |
03/14/2025 03/14/25 | For Sale | $1,295,000 | +284.4% | $540 / Sq Ft |
04/21/2023 04/21/23 | Sold | $336,850 | +16.6% | $52 / Sq Ft |
04/02/2023 04/02/23 | Pending | -- | -- | -- |
03/15/2023 03/15/23 | For Sale | $289,000 | -- | $44 / Sq Ft |
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Source: NorthstarMLS
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