905 E 5th Street

TFuture Redevelopment Site. LOCATED IN AN OPPORTUNITY ZONE across the street from the major downtown Mankato redevelopment focused on a $60 million plus mixed use project at the former Walgreens site. This multi-family investment property has four streams of income. There is a five bedroom, three bath apartment. There is a four bedroom one bath apartment. Both have a washer/dryer. There is off street parking for tenants and guests. There are six rented surface parking stalls and the double garage is also rented separately. The interior finishes include marble, tile, granite, and stainless steel appliances. There is a private 19x17 patio on the south side of the property. This is located on the city bus route and walkable to everything downtown. It's about a half mile to Minnesota State University Mankato campus and has been traditionally occupied by students. The zoning is CBDF, Central Business District Fringe. The garage is a possible office conversion. Buy, Hold, Redevelop, Bingo!