612-656-1200

306 James Avenue
Mankato, MN 56001
MLS #4895630

Multi-Family
  • 3units
  • 11beds
  • 0.303acres
  • 3,910sq ft
$385,000
Est. P&I payment: $1470.44/mo
306 James Avenue, Mankato, MN 56001
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Description for 306 James Avenue, Mankato, MN 56001
Completely refurbished and improved triplex near MSU. Recent upgrades include boiler, windows, shingles, flooring, appliances, ceiling, lights, paint and so much more. Final touches currently being finished up. All units will have new or almost new appliances included. Refinished hardwood floors will be buffed to shine! Other flooring replaced. All 3 units presently vacant and rents quoted are estimates only. All room dimensions are estimated. Licensed rental. Call today for a private showing!
MLS #4895630
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My Notes for MLS #4895630

General Features

  • Propery Type: MF
  • Total Number of Units: 3
  • Year Built: 1911
  • Acres: 0.303
  • Foreclosure Status: No
  • Lender Owned: No
  • Lot Description: Tree Coverage - Medium
  • Lot Dimensions: 66x200
  • Status: Active
  • Style: (MF) Two Stories

Exterior Features

  • Exterior: Stucco
  • Road Frontage: City
  • Parking Characteristics: Driveway - Asphalt
  • Roof: Asphalt Shingles

Interior Features

  • Total Finished Square Footage: 3,910
  • Handicap Accessible: None
  • Basement: Walkout,​Finished (Livable),​Day/Lookout Windows,​Egress Windows,​Concrete Block
  • Above Ground Finished SqFt: 2,660
  • Below Ground Finished SqFt: 1,250
  • Unit 1 B1 Dimensions: 16x12
  • Unit 1 B1 Level: Lower
  • Unit 1 B2 Dimensions: 10x13
  • Unit 1 B2 Level: Lower
  • Unit 1 B3 Dimensions: 8x13
  • Unit 1 B3 Level: Lower
  • Unit 1 Bath Full: 1
  • Unit 1 Total Baths: 1
  • Unit 1 Bedrooms: 3
  • Unit 1 Dining Room: Eat In Kitchen
  • UNIT1_Ex-1 Dimensions: 11x12
  • UNIT1_Ex-1 Level: Lower
  • Unit 1 Ex-1 Name: Utility Room
  • Unit 1 Total Expenses: 496
  • Unit 1 Kitchen Dimensions: 14x16
  • Unit 1 Kitchen Level: Lower
  • Unit 1 Living Room Dimensions: 10x18
  • Unit 1 Living Room Level: Lower
  • Unit 1 Number of Units: 1
  • Unit 1 Total Rooms: 7
  • Unit 1 Finished Square Footage: 1,456
  • Unit 2 Amenities: Patio,​Hardwood Floors
  • Unit 2 Bedroom 1 Dimensions: 10x14
  • Unit 2 Bedrrom 1 Level: Main (Ground)
  • Unit 2 Bedroom 2 Level: 12x14
  • Unit 2 Bedrrom 2 Level: Main (Ground)
  • Unit 2 Bedroom 3 Dimensions: 10x12
  • Unit 2 Bedroom 3 Level: Main (Ground)
  • Unit 2 Bedroom 4 Dimensions: 10x11
  • Unit 2 Bedroom 4 Level: Main (Ground)
  • Unit 2 Bath Characteristics: Main Floor Full Bath,​Main Floor 1/2 Bath
  • Unit 2 Full Bath: 1
  • Unit 2 Half Bath: 1
  • Unit 2 Total Baths: 2
  • Unit 2 Number of Bedrooms: 4
  • Unit 2 Dining Room: Eat In Kitchen
  • Unit 2 Fireplace Characteristics: Living Room
  • Unit 2 Number of Fireplaces: 1
  • Unit 2 Kitchen Dimensions: 15x8
  • Unit 2 Kitchen Level: Main (Ground)
  • Unit 2 Living Room Dimensions: 29x14
  • Unit 2 Living Room Level: Main (Ground)
  • Unit 2 Number of Units: 1
  • Unit 3 Bedroom 1 Dimensions: 10x11
  • Unit 3 Bedroom 1 Level: Upper
  • Unit 3 Bedroom 2 Dimensions: 10x15
  • Unit 3 Bedroom 2 Level: Upper
  • Unit 3 Full Baths: 1
  • Unit 3 Total Baths: 1
  • Unit 3 Bedrooms: 4
  • Unit 3 Ex-1 Dimensions: 7x10
  • Unit 3 Ex-1 Level: Upper
  • Unit 3 Ex-1 Name: Bonus Room
  • Unit 3 Kitchen Dimensions: 7x12
  • Unit 3 Kitchen Level: Upper
  • Unit 3 Living Room Level: Upper
  • Unit 3 Number of Units: 1

Utilities Features

  • Water: City Water/Connected
  • Fuel: Natural Gas
  • Heating: Hot Water
  • Unit 1 Appliances: Range,​Refrigerator,​Washer,​Dryer
  • Unit 1 Air: None
  • Unit 2 Appliances: Range,​Refrigerator,​Washer,​Dryer
  • Number of Ranges: Three
  • Number of Refrigerators: Three
  • Sewer: City Sewer/Connected

Financial Features

  • Annual rent: 16,200
  • Annual Gross Income: 51,000
  • Annual Insurance Expense: 2,000
  • Annual Gross Expense: 17,850
  • Total Annual Expenses: 17,850
  • Annual Water/Sewer Expense: 12,280
  • Unit 1 Monthly Rent: 1,350
  • Unit 2 Annual Rent: 19,200
  • Unit 2 Total Expenses: 496
  • Unit 2 Monthly Rent: 1,600
  • Tax Amount: 3,570
  • Tax With Assessments: 3,570
  • Tax Year: 2017

Community Features

  • Municipality: Mankato
  • County: Blue Earth
  • Postal City: Mankato (MN)

School Features

  • School District: 77 - Mankato
  • School District Phone: 507-387-1868

Misc Features

  • Construction Status: Previously Owned
  • Foundation Size: 1,250
  • Homestead: No
  • Potential Short Sale: No

Location

 
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Directions to 306 James Avenue, Mankato, MN 56001
North Riverfront Drive to Stoltzman Rd, Left on Fairfield Ave, Right at first cross street onto James Ave, Destination on your left.
The listing information for 306 James Avenue, Mankato, MN 56001 was graciously provided by our friends at the listing brokerage, Landmark Realtors

Get Financing for 306 James Avenue, Mankato, MN 56001

Wintrust Mortgage
Hudson Murphy
Eagan, MN
(651) 276-2349 Office
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P&I Payment $1470.44
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Last Updated 02/23/2018 at 6:03am
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