722 N Broad ST, Mankato, MN 56001
722 N Broad ST, Mankato, MN 56001
722 N Broad ST, Mankato, MN 56001
722 N Broad ST, Mankato, MN 56001
722 N Broad ST, Mankato, MN 56001
722 N Broad ST, Mankato, MN 56001
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Derrick Witt

Derrick Witt

+1(952) 373-1492
$ 374,900
Est. payment | /mo

2 Beds

2 Baths

2,963 SqFt

Save
$ 374,900
Est. payment | /mo
Save

2 Beds

2 Baths

2,963 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex Up and Down

Listing Status Active

Purchase Type For Sale

Square Footage 2,963 sqft

Price per Sqft $126

Subdivision Mankato

MLS Listing ID 7164120

Bedrooms 2

Year Built 1906

Annual Tax Amount $3,914

Tax Year 2026

Contingent None

Lot Size 10,454 Sqft

Lot Dimensions 66 x 157

Property Sub-Type Duplex Up and Down

Property Description

Fantastic investment opportunity! This extensively renovated up-and-down duplex offers an exceptional combination of modern updates, classic charm, and established rental income! Currently generating $3,520 per month ($42,240 annually) from the two residential units and garage rentals, this property is an excellent opportunity for investors looking to expand their portfolio. Featuring a spacious 3-bedroom upper unit and 2-bedroom main-floor unit, the property offers over 2,600 square feet of living space. The upper unit was completely remodeled in 2026, while the main-floor unit received a beautifully remodeled kitchen and bathroom. Additional 2026 improvements include all-new exterior vinyl siding, windows, kitchen appliances, updated electrical throughout the upper unit and portions of the main floor, and a new stackable washer and dryer upstairs. Other major improvements include a new roof in 2023 and a new boiler in 2022. Both units feature portable air conditioning, and tenants are responsible for all

Location

State MN

County Blue Earth

Rooms

Basement Full

Interior

Heating Boiler

Fireplace No

Exterior

Garage Spaces 2.0

Building

Story Two

Foundation 1017

Sewer City Sewer - In Street

Water City Water - In Street

Level or Stories Two

New Construction false

Schools

School District Mankato

Listed by Zachary Murra • American Way Realty

Schools and Properties Nearby

Derrick Witt

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(952) 373-1492

derrick@derrickwitt.com

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722 N Broad ST