
Courtesy of: Rachael Hansen-Miller, Keller Williams Premier Realty, rlhmiller@kw.com
$250,000
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4 bed
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2.00 Bath (1 Full)
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Lot: 0.19 Acres
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Other
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$250,000
229 Locke Street 5 unrelated Rental license - Rare investment opportunity knocks! Attractive cap rate potential($2000-2500/month) at current list price. Tenants have paid all utilities in the past! Excellent opportunity for investors seeking immediate cash flow. Property offers tenant appeal, with its location to MSU/Bethany/Downtown Mankato, and a price point difficult to find in today's multifamily market. Whether adding to an existing portfolio or entering multifamily investing for the first time, this property offers potential solid income, long-term appreciation potential, and demand in this area. Attractive price point, 5 off street parking spots, central location, 4 Bedrooms, a large kitchen/dining/& living areas, as well as versatile occupancy options make this a property you won't want to miss! Close in time for Fall Semester!!
Courtesy of: Rachael Hansen-Miller, Keller Williams Premier Realty, rlhmiller@kw.com
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