x
Price Reduction
Address
2219 Marwood Drive Mankato, MN
Price
$ 1,420,000
Property Attributes
  • MLS#7022060
  • TypeMulti-Family
  • CountyBLUE EARTH
  • CityMankato
  • AreaMANKATO HILLTOP
  • Zip56001
  • StyleApartment Building (L)
  • Taxes18476
  • Price$ 1,420,000
  • Bedrooms36
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage14616
  • Lot Size1.17 Acres
Listing Provided Courtesy Of:
RE/MAX DYNAMIC AGENTS
Property Description

Located in Mankato's Hilltop, this 12 unit community is near the shopping centers, clinics and hospitals, elementary and high schools. Marwood Apartments and Town-homes consist of two four unit buildings and two duplexes with attached two stall garages. The four unit buildings offer all three bed 1 bath apartments with washer and dryer hook ups. The two duplexes consist of three bedrooms and 1 1/2 baths with in unit washer and dryer hook ups. The buildings have received capital improvements in the recent years. New roofs in 2011-2015, windows in 2013-2014, window wells and grading in 2015 and new entry doors in 2017. The exteriors of the buildings offer brick and stucco construction, plenty of off street parking and patios on selected units. This portfolio offers investors well built buildings with an opportunity for value-ad opportunity through increased rents to meet market rates.

Price History
8/26/2019 Listed $1,479,600
9/6/2019 5% - $1,420,000

General Features

Construction Status Previously Owned
Listing Status Active
New Development No
Sale/rent For Sale
School District Mankato #77
Status ACTIVE
Stories 2 Story
Style Apartment Building (L)
Subdivision MN
Waterfront No

Interior Features

Basement Features Finished
Basement Material Concrete Block
Basement Style Full
Finished SqFt Above Grade 9678
Finished SqFt Below Grade 4746
Heating Forced Air

Exterior Features

Approx Lot Dimension 393.3 x 124.5
Construction Type Concrete Block, Frame/Wood
Exterior Brick, Stucco
Exterior Amenities Patio
Foundation Size 2373
Garage Spaces 8
Garage Type Attached
Lot Size Area 1.17
Road Frontage City
Roof Asphalt Shingles, Rubber
Sewer City
Water City

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 56001

Price
AVG $250K
$1.42M
Taxes
AVG $3,050
$18,476
Visits
AVG 40
24

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