Mankato, MN 56001,316 E Lafayette ST
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Mankato, MN 56001,316 E Lafayette ST
Mankato, MN 56001,316 E Lafayette ST
Mankato, MN 56001,316 E Lafayette ST
Mankato, MN 56001,316 E Lafayette ST

$600,000

Est. payment /mo

$639,000

6.1%
Est.Price: ?

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316 E Lafayette ST Mankato, MN 56001

4,488 SqFt

SOLD DATE : 07/01/2024

Key Details

Sold Price $600,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 4,488 sqft

Price per Sqft $133

Subdivision Revised Auditors 19

MLS Listing ID 6478785

Sold Date 07/01/24

Year Built 1998

Annual Tax Amount $6,926

Tax Year 2023

Contingent None

Lot Size 0.280 Acres

Acres 0.28

Property Description

Welcome to an outstanding investment opportunity! This four-plex, featuring four 2-bedroom, 2-bathroom units, each spanning 1,122 square feet, is a prime choice for investors seeking a lucrative addition to their portfolio. The convenience factor is evident in every unit, as each comes equipped with its own garage, laundry and storage space. The property's well-built and maintained structure adds to its appeal, ensuring a solid and reliable investment for investors. Stability is key, and this property delivers with solid leases in place, offering a dependable stream of income. Located in a sought-after area, this four-plex is a simple, comfortable, and practical choice for those looking to maximize their investment potential. Act now to seize this opportunity – schedule a showing today! Tenants require a 24-hour notice. Agent is related to seller.

Location

State MN

County Blue Earth

Rooms

Basement Block, Daylight/Lookout Windows, Finished, Full

Interior

Heating Forced Air

Fireplace No

Exterior

Garage Spaces 4.0

Roof Type Asphalt

Building

Story Split Entry (Bi-Level)

Foundation 2244

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Split Entry (Bi-Level)

Structure Type Metal Siding

New Construction false

Schools

School District Mankato

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Listed by Candee Deichman • CENTURY 21 Atwood

Nick Brugnoli

Lead Agent | License ID: 40690587

+1(612) 839-0040

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