Property Description:
Fantastic 1.2% RTV ratio!
1977-built <> 1983-Detached Double Garage <> 1987-Addition 504 sq.ft.+ full basement;
6 beds / 3 baths Split Level in city limits, 2,331 current finished sq.ft.
$200-215k As-Is value, currently rented both units upper and lower
2020 Blue Earth County EMV $190,900
Great for college students attending:
* MSU-Mankato * South Central College-North Mankato Campus * Bethany Lutheran College * Gustavus Adolphus College * Rasmussen College – Mankato
Great potential for 2 additional beds and 1 bath for the lower unit! (8-Beds / 4-Baths)
Rentometer Estimated Rent:
- Upper unit 4bd-2ba; Rent = Avg $1,330 / Median 1,450 [25-75% = $1,030-1,630]
- Lower unit 2bd-1ba; Rent Avg/Median = $875 [25-75% = $745-1,030]
- 2-Car Garage; = $100 - 200 additional rent
- Potential rental increase by adding 2bd & 1ba to Lower unit
- Potential college rental;
Inspection / viewing by appointment, June 8rd-13th 10am-noon or 2-4pm
Click the links below or copy and paste the following links into your web browser for:
Additional pictures; drive.google.com/open?id=1SQt5291orB2c0BnUew9sxWkItrKdi83t3D-360; 360.mnhometours.com/tours/-mNh6YtGP_