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520 E Elm Street

Mankato, MN 56001

4 beds
2 baths
1,952 sqft
5,227 sqft lot
$119 per sqft
1959 build
– on site

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This clean 4-bed, 2-bath home in central Mankato with a 5-unrelated rental license is a fantastic opportunity for both homeowners and investors alike. Featuring a spacious walk-out basement and numerous updates, this property offers comfort, convenience, and modern living. The main floor has a spacious living room, two large bedrooms, and a full bathroom. Enjoy brand new kitchen appliances and a new AC, all installed in the summer of 2024. The staircase leading to the basement has been upgraded with fresh carpet. The large family room in the basement features a cozy fireplace, bar, and 3/4 tiled bath. Two newly renovated bedrooms feature durable waterproof, mold-resistant laminate flooring, and the family room has also been updated with the same high-quality flooring. Individual heaters in the bedrooms allow for customizable heat setting. A large utility/laundry room and an expansive concrete storage room complete the lower level, with walk-out access to a private parking in the backyard. PLEASE NOTE: 5-unrelated rental license; New Attic A/C Unit (Summer 2024); New Refrigerator (2024), New Stove (2024), New Dishwasher (2024), New Staircase Carpeting (2024), Radon Mitigation System installed during previous purchase; 200 AMP electrical service.

Listing courtesy of NORTHSTAR / Nicholas Nathe / Edina Realty, Inc.

Last checked: Checking… • Last updated Oct 29, 2024 •

MLS# 6602313 —

The Building

Year Built:

1959
New Construction:

false
Age Of Property:

65
Construction Materials:

Wood Siding
Construction Materials Desc:

Frame
Roof:

Age Over 8 Years, Asphalt
Accessibility Features:

None
Levels:

One
Main Level Finished Area:

976.0000
Basement:

Block, Egress Window(s), Finished, Full, Storage Space, Walkout
Basement:

true
Foundation Area:

976
Foundation Dimensions:

50 x 26
Manufactured Home:

No
Building Area Total:

2264
Above Grade Finished Area:

976
Below Grade Finished Area:

976

Interior

Dining Room Description:

Kitchen/Dining Room
Fireplace:

true
Fireplaces Total:

1
Fireplace Features:

Full Masonry, Wood Burning
Amenities:

Ceiling Fan(s),Kitchen Window,Patio,Washer/Dryer Hookup

Room Dimensions

Living Area:

1952

Location

Directions:

From Madison Ave: turn heading south on N 5th St, turn left on E Elm St, the house is on your left; From Main St: turn heading north on N 5th St, turn right on E Elm St, the house is on your left.
Latitude:

44.169317
Longitude:

-93.992099

The Property

Parcel Number:

R010907477015
Zoning Description:

Residential-Multi-Family,Residential-Single Family
Property Type:

Residential
Property Subtype:

Single Family Residence
Property Attached:

false
Additional Parcels:

false
Lot Features:

Tree Coverage - Light
Lot Size Area:

0.12
Lot Size Dimensions:

70 x 75
Lot Size SqFt:

5227.2
Lot Size Units:

Acres
Road Frontage Type:

City Street, Curbs, Paved Streets, Sidewalks, Storm Sewer
Road Responsibility:

Public Maintained Road
Fencing:

Partial
Water Source:

City Water/Connected
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

2014
Tax With Assessments:

2034.0000

Beds

Bedrooms Total:

4

Baths

Total Baths:

2
Bath Description:

3/4 Basement,Main Floor Full Bath
Full Baths:

1
Three Quarter Baths:

1

Heating & Cooling

Heating:

Baseboard, Space Heater
Cooling:

Central Air

Utilities

Electric:

Circuit Breakers, 200+ Amp Service
Sewer:

City Sewer/Connected

Appliances

Appliances:

Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer

Schools

High School District:

Mankato

The Community

Association:

false
Assessment Pending:

Yes

Parking

Parking Features:

Attached Garage, Open
Parking Open:

2
Garage Spaces:

1
Garage Door Height:

8
Garage Door Width:

7
Garage Dimensions:

26 x 12
Garage SqFt:

312

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Utility Costs

$197/mo.

Estimate provided by ClearlyEnergy

View a full report

Sale history

Date	Event	Source	Price	% Change
10/25/24 Oct 25, 2024	Sold	NORTHSTAR	$233,800	-6.1%
10/7/24 Oct 7, 2024	Pending	NORTHSTAR	$249,000
9/16/24 Sep 16, 2024	Listed / Active	NORTHSTAR	$249,000

House Sold on 10/25/2024

$233,800

Listing provided by broker:

Nicholas Nathe

Edina Realty, Inc.

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Listing Courtesy of: NORTHSTAR and Edina Realty, Inc..

Estately, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Thomas Rehman, a licensed Real Estate Broker in the state of Minnesota, and a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed.

©2024 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved. Information deemed reliable but not guaranteed. Property data presented reflects information otherwise available from public records. The REALTOR® providing this information may not have represented the buyer or seller in some or all of the transactions.

The information included in this listing is provided exclusively 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. RMLS and Estately, Inc. assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

Open house information subject to change without notice.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

520 E Elm Street

Mankato, MN 56001