412 Holly Ln Mankato, MN 56001
Peacepipe Park NeighborhoodEstimated payment $7,467/month
Highlights
- 0.44 Acre Lot
- Vaulted Ceiling
- Walk-In Closet
- Kennedy Elementary School Rated 9+
- 4 Car Attached Garage
- Tile Flooring
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,816
Year Built
- Built in 1969
Lot Details
- 0.44 Acre Lot
Parking
- 4 Car Attached Garage
- Garage Door Opener
Home Design
- Brick Exterior Construction
- Poured Concrete
- Frame Construction
- Asphalt Shingled Roof
- Wood Siding
Interior Spaces
- 2,400 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- Ceiling Fan
- Tile Flooring
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 12 Bedrooms
- Walk-In Closet
- 8 Bathrooms
Laundry
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
Community Details
- 4 Units
Listing and Financial Details
- Assessor Parcel Number R01.09.16.102.005
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 |
Source: REALTOR® Association of Southern Minnesota
MLS Number: 7036915
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