314 N Broad Street Mankato, MN 56001
Multi-Family (2-4 Units)
MLS #: 7036753
Courtesy Of Realty Executives Associates
Property InformationDescription
Prime Rental Investment Property with Active 5 Unrelated Rental License! This fantastic home presents a wonderful opportunity for both investors and future homeowners! Located just minutes from shopping, schools, and scenic trails, it s ideally situated for convenience and accessibility. Take advantage of no occupancy limits. Rent to 5 unrelated tenants or use as a single-family home with future rental potential. The property has seen numerous upgrades (furnace, AC, roof, windows) offering peace of mind and efficiency for years to come. Parking Two-stall attached garage with off-street parking, conveniently located next to the alley for easy access. Whether you're looking to start earning income immediately or desire a future investment property with owner-occupant flexibility, this property offers the best of both worlds. It s an ideal choice for someone seeking a long-term investment with immediate rental potential!
Features
- Age: Over 50 Years Old
- Amenities: Ceiling Fan
- Appliances: Dishwasher, Dryer, Freezer, Garbage Disposer, Range, Refrigerator, Washer
- Architecture Style: Other
- Exterior Type: Brick
- Heating System: Forced Air
- Lot Size: 0.15 Acres
- Roof Type: Asphalt
- Rooms: Basement
MAP & DIRECTIONS
School Information
314 N Broad Street, Mankato, MN 56001
Elementary School
Grades KG-5 |
Public School
FRANKLIN ELEMENTARY SCHOOL
Mankato, MN 56001
1000 N Broad St
507.345.4287
Distance: 0.5 mi
School Rating
A-
Student:Teacher Ratio
11:1
Total Students
411
Middle School
Grades 6-8 |
Public School
PRAIRIE WINDS MIDDLE SCHOOL
Mankato, MN 56001
1200 Prairie Winds Dr
507.345.6625
Distance: 2.8 mi
School Rating
C-
Student:Teacher Ratio
18:1
Total Students
1090
High School
Grades 9-12 |
Public School
EAST HIGH SCHOOL
Mankato, MN 56001
2600 Hoffman Rd
507.387.5671
Distance: 2.0 mi
School Rating
B-
Student:Teacher Ratio
21:1
Total Students
1205
| Other Nearby Schools | Distance | Type | Grades | School Rating |
|---|---|---|---|---|
| Immanuel Lutheran School | 0.1 mi | Private | KG-12 | |
| Prairie Care Mankato | 0.2 mi | Public | KG-12 | |
| Kato Public Charter School | 0.3 mi | Public | 6-12 | F |
| Special Education | 0.4 mi | Public | PK-12 | |
| Bridges Community Elementary School | 0.7 mi | Public | KG-5 | B |
| Monroe Elementary School | 0.8 mi | Public | KG-5 | C+ |
| Central Freedom School | 0.9 mi | Public | 7-12 | |
| Life Lines Adult Connection | 0.9 mi | Public | 11-12 | |
| Central High Area Learning Center | 0.9 mi | Public | 9-12 | F |
| Mankato Area Summer School | 0.9 mi | Public | 9-12 | |
| Mankato Area Night School | 0.9 mi | Public | 9-12 | |
| Washington Elementary School | 1.0 mi | Public | PK-5 | B- |
| Jefferson Elementary School | 1.1 mi | Public | KG-5 | B |
| West High School | 1.2 mi | Public | 9-12 | B- |
| Grace Christian School | 1.4 mi | Private | PK-12 | |
| Roosevelt Elementary School | 1.4 mi | Public | KG-5 | B+ |
| Loyola Catholic School | 1.5 mi | Private | PK-12 | |
| Risen Savior Lutheran School | 1.6 mi | Private | KG-8 | |
| Central Middle School Area Learning Center | 1.8 mi | Public | 6-8 |
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.
Demographic Data
Mankato, MN 56001
| Median Age: | 31.4 |
|---|---|
| Married: | 39% |
| Number of Households: | 20,985 |
| Households with Children: | 24.8% |
Mankato, MN 56001
Demographic Data
-
Occupancy Types
- 0 Vacant
- 0 Owned
- 0 Rented
-
Transportation to Work
- 0 Drive
- 0 Public Transportation
- 0 Walk / Bike / Other
- 0 Work at Home
Copyright © 2025 Realtor Association of Southern Minnesota. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
