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Active NEW!
$189,900
/mo Edit
Multi-family:  Duplex Up and Down
4 br • 2 ba • Built 1948
2,192 sqft • 0.19 acres
MLS# 6825108
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    Property Description

    Large 4 bedroom two bathroom up/ down duplex w/detached 3 stall garage and a tuck under front garage. Lake view. Excellent investment opportunity. Top floor attic space offers additional living space or large storage opportunity.

    Listing

    Contingency: None
    Price per sq ft: $87
    City: Albert Lea
    County: Freeborn
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 56007

    Interior

    Living Area: 2,192 ft2
    Refrigerators: Two
    Basement Details:
    • Block
    • Full

    Exterior

    Stories: Two
    Garage Spaces: 4
    Garage Dimensions: 26 X 32
    Garage Size: 832 ft2
    Foundation Size: 1,096 ft2
    Foundation Dimensions: 34 x 36
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Attached Garage
    • Detached Garage
    • Garage Door Opener
    • Tuckunder Garage
    Road Frontage: City Street
    Roof Details:
    • Age Over 8 Years
    • Pitched

    Rooms

    Laundry: In Hall

    Lot & Land

    Acres: 0.19
    Geolocation: 43.6345586461, -93.3548647976
    Lot Dimensions: 60 x 130
    Zoning: Residential-Multi-Family

    Schools

    School District: 1141
    District Phone: 5073794800

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $1,800
    Annual Maintenance Expense: None
    Annual Trash Expense: $600
    Annual Water/Sewer Expense: $1,800

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $3,004
    Lender-owned: No
    Assessment Pending: Yes
    Taxes w/ Assessments: $3,284

    Income

    Annual Gross Income: $19,200
    Misc. Annual Income: None
    Misc. Monthly Income: None

    Rent

    Annual Net Income: $12,000

    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 Century 21 Atwood.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.