For Sale: Albert Lea MLS# 6645385
Active
$247,500
Multi-family: Duplex Side by Side
Built 1976
1,692 sqft • 0.47 acres
Albert Lea schools
MLS# 6645385
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Property Description
What a great investment!!! With a good cash flow!!! Also owner could live in one half and rent out the other side for extra income. Both units feature a full basement, with an attached garage and deck.(decks were refaced with new lumber ! new garage doors, and storm doors.) Newer flooring in both units. Both units have 2 bedrooms , bath , kitchen , and living room on the main floor. (Appliances are included).(Attached garages) West unit has been completely updated, with new flooring, paint, bathroom , along with the kitchen!! (New appliances in this unit).. This unit will not disappoint. All this located on almost a half of an acre lot . ( Extra Large lot with room to build)You could build that 30x36 garage you always wanted?? (Just check with the city).. Priced to sell !!!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$247,500
Price per sq ft:
$146
Property Type:
Multi-family
City:
Albert Lea
Garage Spaces:
2
County:
Freeborn
Year Built:
1976
State:
MN
Property Style:
Duplex Side by Side
Zip Code:
56007
Interior
Finished Area:
1,692 ft2
Living Area:
1,692 ft2
Ranges:
Two
Refrigerators:
Two
Basement Details:
- Block
- Full
- Sump Pump
- Unfinished
Exterior
Stories:
One
Garage Spaces:
2
Garage Dimensions:
22x22
Garage Size:
484 ft2
Garage Door Height:
7
Garage Door Width:
9
Foundation Size:
1,692 ft2
Foundation Dimensions:
1692
Fencing:
None
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
Attached Garage
Road Frontage:
City Street
Exterior Material:
Wood Siding
Roof Details:
Asphalt
Lot & Land
Acres:
0.47
Geolocation:
43.6767365043, -93.3617820539
Lot Dimensions:
135 x 150
Zoning:
Residential-Multi-Family
Lot Description:
Corner Lot
Farm
Topography:
Level
Schools
School District:
241
District Phone:
507-379-4800
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
$2,000
Annual Maintenance Expense:
$1,000
Annual Gross Expense:
$6,960
Annual Trash Expense:
$380
Annual Water/Sewer Expense:
$1,200
Tenant Expenses:
Cable TV, Electricity, Gas
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$3,206
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$3,338
Income
Annual Gross Income:
$16,140
Misc. Annual Income:
None
Misc. Monthly Income:
None
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of Unique Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.