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About This Home

This 0-bedroom, 0-bathroom commercial at 520 S 2nd Street in Mankato, MN is listed for $564,900. Built in 1884, on a 0.24 acres lot.

Agent Description

LOCATED IN AN OPPORTUNITY ZONE. This investment property has four streams of income. There is a main level five bedroom, three bath apartment. There is an upper level four bedroom one bath apartment. Both apartments include a washer/dryer. There is off street parking for tenants and guests.

There are six rented parking stalls adding extra income. 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.

Key Features

  • Built in 1884
  • 0.24 acre lot

Property Details

1884

Monthly Cost Estimate

$3,021/mo

20% down · 6.5% · 30 years

Principal$409
Interest$2,448
Insurance$165

Estimates only. Actual payments may vary.

Location

520 S 2nd Street

Mankato, MN 56001

Auditors 1

Features & Amenities

Exterior Features

Stucco

Property Details

Parking

GarageGarage - AttachedPaved or Surfaced

Heating

BaseboardForced Air

Cooling

Central Air

Appliances

DishwasherDryerMicrowaveRangeRefrigeratorWasher

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 520 S 2nd Street is listed at $564,900. The estimated monthly payment is $2,448 based on 20% down at 6.5% interest.

Key features include: Built in 1884, 0.24 acre lot. Exterior Features: Stucco.

This property is listed by Kevin Goettl and can be reached at 6515004720 or kevin@resultsmetrogroup.com.

KG

Kevin Goettl

Agent at RE/MAX Results

(651) 500-4720

Listed by RE/MAX Results · View on Broker Site

MLS# 7025043· Source: listhub· Updated 101 days ago

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

520 S 2nd Street, Mankato, MN 56001

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