NOT LISTED FOR SALE

618 N 2nd St Unit 618 N 2nd Street Mankato, MN 56001

Riverfront Park Neighborhood
2 Beds
2 Baths
1,120 Sq Ft
5,227 Sq Ft Lot

Last Sold July 27, 2020

Last sale price $102,000 $91 Per Sq Ft

355 Days on Market

Highlights

  • RV Access or Parking
  • Property is near public transit
  • Eat-In Kitchen
  • Franklin Elementary School Rated A
  • Wood Flooring
  • Woodwork

About This Home

As of July 2020

$119,900! Up and Down Duplex for Sale in central Mankato. Stucco siding, good roof, newer furnace, lots of off-street parking (could hold 6-10 cars), or this Duplex could be added onto out the back! It once was a single family home, and could be easily converted back if desired. Good rental history. Main level tenant also has use of the basement, so their rent is higher that upper level tenant. This is a great investment property for your college-age children to live in while attending school. Call for your private viewing as this one will be gone fast!

Last Agent to Sell the Property

Vonda Herding

Edina Realty Inc. Mankato License #0093573 Listed on: 05/07/2019

Edina Realty Inc.  Mankato

Last Buyer's Agent

MARY JO MICKELSON

AMERICAN WAY REALTY License #20137665

AMERICAN WAY REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,564

Year Built

  • Built in 1875

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 157.50 x 33
  • Landscaped with Trees

Home Design

  • Duplex
  • Poured Concrete
  • Frame Construction
  • Asphalt Shingled Roof
  • Stucco Exterior

Interior Spaces

  • 1,120 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Wood Flooring
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Stone Basement

Parking

  • 3 Parking Spaces Included
  • Driveway
  • On-Street Parking
  • Off-Street Parking
  • RV Access or Parking

Location

  • Ground Level
  • Upper Level
  • Property is near public transit

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Community Details

  • 2 Units
  • Gross Income $15,300

Listing and Financial Details

  • Tenant pays for broadband, cable TV
  • The owner pays for electric, fuel, lawn, maint/repair, snow, trash, water/sewer
  • Month-to-Month Lease Term
  • Assessor Parcel Number R01.09.07.405.014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,564

Year Built

Built in 1875

Lot Details

0

Listing Details

  • Type: Multi-Family
  • Class: MULTI-FAMILY
  • Classification: NonHomestead
  • Style: Duplex - Up & Down
  • Assessment Balance: 20
  • Assessments: Yes
  • Construction: Previously Owned
  • Foundation Size: 950
  • L V T Date: 05/07/2019
  • Mechanicals: Water Heater - Gas
  • Parcel Number: R01.09.07.405.014
  • Price Per Square Foot: 60.71
  • Rental License: Yes
  • Stories: 2 Story
  • Street Designation: Street
  • Taxes With Assessments: 1584
  • Percentage Of Ownership: 100
  • Estimated Number of Acres: 0.12
  • Zoning: Res
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Stove, Refrigerator
  • Total Bedrooms: 2
  • Total Bathrooms: 2
  • Basement Features: Unfinished
  • Basement Material: Poured Concrete, Stone
  • Basement Style: Full
  • Finished Above Grade Sq Ft: 1120
  • Total Square Footage: 1680

Exterior Features

  • Frontage Road: City, Curb/Gutters, Sidewalk
  • Construction Type: Frame/Wood
  • Exterior: Stucco
  • Roof: Asphalt Shingles
  • Exterior Amenities: Driveway - Asphalt, RV Parking

Garage/Parking

  • Number Off Street Parking: 6

Utilities

  • Fuel: Natural Gas
  • Heat: Forced Air
  • Sewer: City
  • Water: City

Schools

  • School District: Mankato #77

Lot Info

  • Lot/Land Description: Landscaped, Pub. Trans (w/in 6 blks), Tree Coverage - Medium, Paved Streets
  • Estimated Lot Dimensions: 157.50 X 33

Rental Info

  • Owner Expense: Electric, Fuel, Lawn, Maint/Repair, Snow, Trash, Water/Sewer
  • Tenant Expense: Broadband, Cable TV
  • Type of Tenancy: One Year Lease, Month to Month

Building Info

  • Year Built: 1875

Multi Family

  • Total Units Available: 2
  • Est Annual Gross Income: 15300

Tax Info

  • Year: 2019
  • Tax Value: 1564

MLS Schools

  • School District: Mankato #77

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2020 07/27/20 Sold $102,000 -14.3% $91 / Sq Ft
04/27/2020 04/27/20 For Sale $119,000 0.0% $106 / Sq Ft
04/26/2020 04/26/20 Pending -- -- --
01/29/2020 01/29/20 For Sale $119,000 0.0% $106 / Sq Ft
01/15/2020 01/15/20 Pending -- -- --
11/13/2019 11/13/19 Price Changed $119,000 -4.8% $106 / Sq Ft
09/17/2019 09/17/19 Price Changed $124,995 -3.8% $112 / Sq Ft
06/06/2019 06/06/19 Price Changed $129,900 -3.7% $116 / Sq Ft
05/07/2019 05/07/19 For Sale $134,900 -- $120 / Sq Ft
Source: REALTOR® Association of Southern Minnesota

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7020763

REALTOR® Association of Southern Minnesota