Turnkey 6-Unit Investment - Fully Leased Through 2026 with gross rents at $5,025/month This 6-unit property is fully leased with all leases in place into 2026. The building has a strong history of consistent occupancy and dependable tenants, which means less stress and fewer surprises. Turnover has been low and most of the renters in place are long-term tenants. Several updates have been made over the past couple of years including flooring, paint, and miscellaneous interior work. Located in a convenient area with access to local businesses and public transportation, this is a solid investment opportunity to get into at just under $70k/unit. If you’re looking for a solid buy-and-hold opportunity that’s already performing, this is worth a closer look.
MLS # | 6712970 |
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Listing Type | For Sale |
Style | Condominium |
Sub-Type | Resale |
Status | Active |
Year | 1870 |
Days On Site | 77 |
Listing Provided By | Financially Free, LLC | TJ Stang |
SQ Feet | 4,126 |
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Basement | Y |
Units | 6 |
Zoning | Residential-Multi-Family |
Acreage | 0.14 |
Heating | Forced Air |
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Construction Materials | Block |
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Parking Features | Parking Lot |
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Utilities | Electric Separate, Heating Separate, Hot Water Common |
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Property | 5164 |
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State | MN |
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County | Blue Earth |
City | Mankato |
Zip Code | 56001 |
Community Name | Auditors 4 |
School District | 77 |