For Sale: Albert Lea MLS# 6744610
Active
NEW!
$214,000
Multi-family: Duplex Up and Down
Built 1884
2,480 sqft • 0.13 acres
Albert Lea schools
MLS# 6744610
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Property Description
If you're looking for a great rental property, you have the opportunity to own one of Albert Lea’s oldest homes, has been transformed into two executive apartments. Boasting a blend of historic character and contemporary upgrades, this property offers a unique opportunity for both investment and a slice of local heritage.
The property features two stunning units, each thoughtfully updated with fantastic finishes and modern conveniences.
Main Floor: Enjoy the grandeur of this space with beautiful floors, fresh paint, and custom details. The spacious living areas are complemented by a luxurious clawfoot tub, stainless steel appliances, and a built-in entertainment center. With tile flooring, lighting, and an in-unit washer/dryer, comfort is at your fingertips.
Second Floor: A true retreat with a stylish rainfall showerhead, Bluetooth speaker, and sleek stainless steel appliances. The unit preserves the home’s charm while incorporating modern touches.
Roof installed in 2012 and painted the same year for long-term durability.New gutters and downspouts installed in 2020.
Don’t miss out on owning a piece of Albert Lea's rich history—schedule a showing today!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$214,000
Price per sq ft:
$86
Property Type:
Multi-family
City:
Albert Lea
Garage Spaces:
0
County:
Freeborn
Year Built:
1884
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
56007
Subdivision Name:
Morins Add
Interior
Finished Area:
2,480 ft2
Living Area:
2,480 ft2
Basement Details:
Full
Exterior
Stories:
Two
Garage Spaces:
0
Foundation Size:
1,420 ft2
Handicap Accessible:
Wheelchair Ramp(s)
Heating System:
Forced Air
Parking Features:
Asphalt
Exterior Material:
Wood Siding
Lot & Land
Acres:
0.13
Geolocation:
43.648279, -93.374287
Lot Dimensions:
70 x 79
Zoning:
Residential-Multi-Family
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:
None
Annual Maintenance Expense:
None
Annual Gross Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Tenant Expenses:
Electricity, Gas
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$3,104
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$3,104
Income
Annual Gross Income:
$27,120
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
Mortgage Calculator
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Listing provided by RMLS,
courtesy of eXp 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.