Listed by Engvest Group - eXp Commercial
$419,000
Triplex rental
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,670
Units 3
Cap Rate 6.20%
Occupancy 100%
Class B
Year Built 1956
Sale Condition For sale by owner
Multifamily | 6.20% CAP | 3 Units
Marketing description
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 is agent. Call Agent 612-404-0166, [email protected] for information or LOIs.
Investment highlights
Priced at above 6% cap current, (proforma higher with market appreciation, higher with self manage).
Listing Contacts
Listed by Engvest Group - eXp Commercial
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T SpecialTransition District
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View all 1 uses Last updated Jun 19, 2026 For deeper zoning details, reports are available at Zoneomics
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