For Sale: Albert Lea MLS# 6645385
Active
NEW!
$249,900
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 good cash flow!!! Or 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, and 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 at this bargain price !!!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$249,900
Price per sq ft:
$148
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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Local Home Mortgage Professionals
651-253-2144
Jason & Kim Stone
Branch Manager & Co-Branch Manager
Fairway Mortgage NMLS#1018649
Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
It would be our pleasure to assist you with your home purchase!
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.