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About This Home
This 8-bedroom, 0-bathroom other at 1035 Thompson Ravine Road in Mankato, MN is listed for $419,000 ($111 per sqft). Built in 1956, the home offers 3,760 sqft of living space on a 1.39 acres lot.
Priced below replacement cost. 8 bed, 4 bath triplex in Mankato on over an acre lot in a growing location. All units are leased with monthly rent currently at $3050 at below market. Tenant pays all utilities. New floor, paint and furnace. Priced at above 6% cap current, (proforma higher with market appreciation, Cap rate calculates higher for self manage). Owner agent.
Key Features
- Built in 1956
- 1.39 acre lot
Property Details
Monthly Cost Estimate
$2,241/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1035 Thompson Ravine Road
Mankato, MN 56001
Gerdts Sub
Features & Amenities
Exterior Features
Property Details
Parking
Heating
Questions & Answers
This 8-bedroom, 0-bathroom other at 1035 Thompson Ravine Road is listed at $419,000 ($111/sqft). The estimated monthly payment is $1,816 based on 20% down at 6.5% interest.
Key features include: Built in 1956, 1.39 acre lot. Exterior Features: Brick/Stone.
This property is listed by Parveen Kumar and can be reached at 6124040166 or parveen.kumar@exprealty.com.
