220 E 7th Street,Albert Lea, MN 56007
Albert Lea, MN 56007
Description
Exceptional 3 Bedroom 4 Bath 4-Plex located on the corner of 7th Street and James Ave. The fourth unit is a commercial space that is currently a laundry service. It was formally a salon and could be converted back to a salon or another apartment. This property has been rented continuously with a solid rental history. Significant remodeling occurred on the property since it was purchased including new roof, medal siding, electric services, mini-splits, paint and some flooring. The property is licensed through the city and the rent is just under $3000/month. The tenants are responsible for paying their own utilities. There is ample parking on the large gravel parking lot and the 3-stall garage. This turn key property is definitely one to look at.
Details
| MLS # | 7104298 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1949 |
| Days On Site | 47 |
| Listing Provided By | Keller Williams Premier Realty | Lanier Pratt |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 4 |
| SQ Feet | 2,800 |
| Garage | 2 |
| Car Port | Yes |
| Story(s) | 2 |
| Units | 4 |
| Acreage | 0.16 |
Interior
| Heating | Baseboard, Ductless Mini-Split |
|---|
Parking
| Parking Features | Carport, Detached Garage, Gravel |
|---|
Taxes
| Property | 3584 |
|---|
Area Information
| State | MN |
|---|---|
| County | Freeborn |
| City | Albert Lea |
| Zip Code | 56007 |
| School District | 241 |
| High School | Albert Lea |
| Listing VS Median (in 56007) | |
Price: $249,900 low | high Med: $239,900 sqft: 2,800 low | high Med: 2,160 $ / sqft: $89 low | high Med: $111 On site: 47 low | high Med: 53 | |
Market Activity 56007
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Listings courtesy of Northstar MLS as distributed by MLS GRID.
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Learn More About This Property
| State | MN |
|---|---|
| County | Freeborn |
| City | Albert Lea |
| Zip Code | 56007 |
| School District | 241 |
| High School | Albert Lea |
| Listing VS Median (in 56007) | |
Price: $249,900 low | high Med: $239,900 sqft: 2,800 low | high Med: 2,160 $ / sqft: $89 low | high Med: $111 On site: 47 low | high Med: 53 | |
