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For Sale:  Albert Lea MLS# 7098680

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Active NEW!
$249,900
/mo Edit
Multi-family:  Duplex Side by Side
1 ba • Built 2000
2,080 sqft • 2 acres
Albert Lea schools
MLS# 7098680
763-576-8286
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    Property Description

    This side-by-side duplex offers a rare blend of flexibility, privacy and single level living. Each unit features 2 bedrooms, 1 full bath, main level laundry hook ups and a single attached garage, along with separate gas and electric utilities for convenience and independence. What makes this property truly unique is its versatile floor plan. A connecting point between the two units allows you to open the space and use it as one larger home, ideal for multigenerational living, extended family arrangements, or caring for individuals who need to be close while still maintaining their own private space. Keep it fully separated for rental income or open it up for a spacious single resident layout - the choice is yours.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $249,900
    Price per sq ft: $120
    Property Type: Multi-family
    City: Albert Lea
    Garage Spaces: 2
    County: Freeborn
    Year Built: 2000
    State: MN
    Property Style: Duplex Side by Side
    Zip Code: 56007
    Subdivision Name: Wealthy Acres Sub

    Interior

    Bedrooms: 0
    Bathrooms: 1
    Finished Area: 2,080 ft2
    Living Area: 2,080 ft2
    Basement Details:
    • Crawl Space
    • Wood

    Exterior

    Stories: One
    Garage Spaces: 2
    Garage Size: 576 ft2
    Foundation Size: 2,080 ft2
    Handicap Accessible: Fully Wheelchair, No Stairs External, No Stairs Internal, Roll-In Shower
    Heating System: Forced Air
    Parking Features:
    • Attached Garage
    • Concrete
    Road Frontage: City Street

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 2
    Geolocation: 43.630197, -93.352963
    Lot Dimensions: 67082 sq ft
    Zoning:
    • Residential-Multi-Family
    • Residential-Single Family

    Schools

    School District: 241
    District Phone: 5073794800

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Tenant Expenses: Electricity, Gas, Trash Collection

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $6,255
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $6,255

    Income

    Annual Gross Income: $10,200

    Units

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Leland Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.