316 E Lafayette Street Mankato, MN 56001

Multi-Family (2-4 Units) MLS #: 7034144 Listed By CENTURY 21 Atwood

$639,000

4,488 sq ft
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Est. Property Tax: $6,926
Estimated monthly payments: $3,370/mo.* (recalculate)

Property InformationDescription

Welcome to an outstanding investment opportunity! This four-plex, featuring four 2-bedroom, 2-bathroom units, each spanning 1,122 square feet, is a prime choice for investors seeking a lucrative addition to their portfolio. The convenience factor is evident in every unit, as each comes equipped with its own garage, laundry and storage space. The property's well-built and maintained structure adds to its appeal, ensuring a solid and reliable investment for investors. Stability is key, and this property delivers with solid leases in place, offering a dependable stream of income. Located in a sought-after area, this four-plex is a simple, comfortable, and practical choice for those looking to maximize their investment potential. Act now to seize this opportunity " schedule a showing today! Tenants require a 24-hour notice. Agent is related to seller.

Features

  • Garage Description: Attached Garage, Garage
  • Heating - Fuel Type: Gas
  • Heating Type: Forced Air
  • Lot Size: 0.28 Acres
  • Road Type: City / Town Street
  • Roof: Asphalt Shingle Roof
  • Sewer: City, Public
  • Style: Other Style

MAP & DIRECTIONS

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316 E Lafayette Street, Mankato, MN 56001
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School Information

316 E Lafayette Street, Mankato, MN 56001

Elementary School
Grades KG-6 | Public School
FRANKLIN ELEMENTARY SCHOOL
Mankato, MN 56001
1000 N Broad St
507.­345.4287
Distance: 0.1 mi
School Rating
A-
Student:Teacher Ratio
11:1
Total Students
411
Middle School
Grades 7-8 | Public School
EAST JUNIOR HIGH SCHOOL
Mankato, MN 56001
1200 Prairie Winds Dr
507.­345.6625
Distance: 2.8 mi
School Rating
C-
Student:Teacher Ratio
18:1
Total Students
1090
High School
Grades 9-12 | Public School
EAST SENIOR HIGH SCHOOL
Mankato, MN 56001
2600 Hoffman Rd
507.­387.5671
Distance: 1.9 mi
School Rating
B
Student:Teacher Ratio
21:1
Total Students
1205
Other Nearby Schools Distance Type Grades School Rating
Immanuel Lutheran School 0.4 mi Private KG-12
Kato Public Charter School 0.7 mi Public 6-12 F
Prairie Care Mankato 0.7 mi Public KG-12
Mount Olive Lutheran School 0.9 mi Private KG-8
Bridges Community Elementary School 0.9 mi Public KG-5 B
Loyola Catholic School 0.9 mi Private PK-12
Loyola Catholic School 0.9 mi Private PK-12
Washington Elementary School 1.0 mi Public KG-5 B-
Special Education 1.0 mi Public PK-12
Grace Christian School 1.1 mi Private KG-11
Monroe Elementary School 1.1 mi Public KG-5 C+
Central Middle School Area Learning Center 1.5 mi Public 6-8
Mankato Area Summer School 1.5 mi Public 9-12
Central High Area Learning Center 1.5 mi Public 9-12 D
Central Freedom School 1.5 mi Public 7-12
Mankato Area Night School 1.5 mi Public 9-12
Life Lines Adult Connection 1.5 mi Public 11-12
Jefferson Elementary School 1.7 mi Public KG-5 B
West High School 1.7 mi Public 9-12 B+
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Mankato, MN 56001

Median Age: 31.2
Married: 38%
Number of Households: 20,735
Households with Children: 26.2%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home