$569,000
7 beds 5 baths 3,907 sq. ft.
44.15945 -94.007
FOR SALE

810 S Broad Street Mankato, MN 56001

$569,000
Est. Monthly $3,070 with $12,680 in taxes recalculate
7 beds 5 baths 3,907 sf
 

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507.­345.1599
CENTURY 21 Landmark Realtors
931 Madison Avenue Mankato, MN 56001
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810 S Broad Street
Mankato, MN 56001

Explore This Property

Apartment - Now for sale is The Rose House, built in 1897. It was owned by Dickinson L. Rose who was a local real estate agent and inventor. It is located in the Historic Lincoln Park District and is itself also on the National Register of Historic Places. The house was a victim of a fire a few years ago and has been brought back to life by Josh Kelley, a local developer. Because of its French Renaissance-inspired design it is an unusual member of the Lincoln Park District. The exterior is original and is built of reddish-brown pressed brick with smooth, yellow limestone trim. It overlooks Lincoln Park. Aside from the foundation and brick exterior, everything else is new. There are 5 apartment units. 3 of the units contain 2 bedrooms; one of the units is a 1 bedroom, and one studio unit. This is a rare opportunity for a buyer to own a piece of history that produces income. Rental income projections are as follows: Studio$850 1 Bedroom$850 2 Bedroom$1,100 2 Bedroom$1,200 2 Bedroom$1,275

Total$5,275 per month $63,300 per year

Operating Expenses $15,825

NOI $47,475

Cap Rate 7%
MLS # 7024982
Listed By CENTURY 21 Landmark Realtors

Property Features

  • Lot Size: 0.13 Acres
  • Style: 2 Story

  • Purchase or Lease Opportunities

    Traditional Mortgage
    30 year mortgage at 3.38% APR
    $3,070Your estimated monthly payment
    $113,80020% Down Payment
    $569,000 $455,200 $12,680
    purchase price loan amount property tax (est)
    Explore Mortgage Options
    Program Details
    *Neither Century 21 Real Estate LLC nor any of its franchisees or other affiliated companies provides, or is in any way responsible, for any product or service offered by Home Partners of America.

  • Elementary School
    JEFFERSON ELEMENTARY SCHOOL
    Grades K-5 | Public School

    Mankato, MN 56001
    100 JAMES AVE
    507-388-5480
    0.5
    miles

    Total Students 250
    Student Teacher Ratio 16:1

    School Rating

    4 stars View School Details
    Middle School
    DAKOTA MEADOWS JUNIOR HIGH SCHOOL
    Grades 6-8 | Public School

    Mankato, MN 56003
    1900 HOWARD DR W
    507-387-5077
    2.6
    miles

    Total Students 1000
    Student Teacher Ratio 18:1

    School Rating

    4 stars View School Details
    High School
    MANKATO WEST SENIOR HIGH SCHOOL
    Grades 9-12 | Public School

    Mankato, MN 56001
    1351 S RIVERFRONT DR
    507-387-3461
    0.5
    miles

    Total Students 1183
    Student Teacher Ratio 18:1

    School Rating

    4 stars View School Details
    Other Nearby Schools Distance Type Grades School Rating Parent Rating
    Mankato Area Night School 0.2 mi Public 9-12
    Central Freedom School 0.2 mi Public 9-12
    Central High area Learning Center 0.2 mi Public 9-12
    Kato Public Charter School 0.6 mi Public 6-12
    Roosevelt Elementary School 0.8 mi Public K-5
    Immanuel Lutheran School 0.8 mi Private K-12
    Risen Savior Lutheran School 0.9 mi Private K-8
    Bridges Community Elementary School 1.0 mi Public K-5
    Monroe Elementary School 1.1 mi Public K-5
    Franklin Elementary School 1.3 mi Public K-5
    Mount Olive Lutheran School 1.3 mi Private K-8
    Washington Elementary School 1.4 mi Public K-5
    Hoover Elementary School 1.8 mi Public K-5
    Rosa Parks Elementary School 1.9 mi Public K-5
    Futures Program 1.9 mi Public 1-12
    Grace Christian School 2.0 mi Private K-12
    Loyola Catholic School 2.2 mi Catholic PRESCHOOL-12
    Mankato East Senior High School 2.3 mi Public 9-12

    Local Area Information for Mankato, MN 56001

    Median Age: 30.6
    Married: 31.6%
    Number of Households: 19,178
    Households with Children: 4,376
    • Occupancy Types
      • 0 Vacant
      • 0 Owned
      • 0 Rented
    • Transportation to Work
      • 0 Drive
      • 0 Public Transportation
      • 0 Walk / Bike / Other
      • 0 Work at Home
    (in Degrees Fahrenheit)
      Visit Area Info Page

      Data powered by Attom Data Solutions. Copyright© 2020. Information deemed reliable but not guaranteed.
      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.
      † Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
      The Apartment located at 810 S Broad Street, Mankato, MN 56001 is currently for sale. 810 S Broad Street, Mankato is listed by CENTURY 21 Real Estate for $569,000. This property has 7 bedrooms, 5 full bathrooms, and approximately 3,907 square feet, and Lot Size of approximately 0.13. If the property located at 810 S Broad Street, Mankato, MN isn't what you're looking for, search Minnesota real estate to see other houses for sale in Mankato.