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220 E 7th Street , Albert Lea, MN 56007

New - 46 Hours Ago

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Listed By

Agency Name: Keller Williams Premier Realty
Agency Phone: 507-424-4422

Shown By

Agency Title: Counselor Realty
Agency Phone:

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Property Description

Exceptional 3 Bedroom 4 Bath 4-Plex located on the corner of 7th Street and James Ave. The fourth unit is a commercial space that is currently a laundry service. It was formally a salon and could be converted back to a salon or another apartment. This property has been rented continuously with a solid rental history. Significant remodeling occurred on the property since it was purchased including new roof, medal siding, electric services, mini-splits, paint and some flooring. The property is licensed through the city and the rent is just under $3000/month. The tenants are responsible for paying their own utilities. There is ample parking on the large gravel parking lot and the 3-stall garage. This turn key property is definitely one to look at.

220 E 7th Street | MLS# 7104298

This multi-family property located at 220 E 7th Street , Albert Lea, MN 56007 is currently listed for sale with an asking price of $249,900. E 7th Street is located within the Albert Lea school district. Search Albert Lea real estate on www.counselorrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: None
Garage: 2
Heating: Baseboard, Ductless Mini-Split
Lot Size: 0.16 Acres
Taxes: $3,584
Year Built: 1949

Feature Descriptions

Days on Site: 1
Foundation Size: 1400
Lot Dimensions: 50x140
Owners Expense: Common Area Maintenance, Grounds Care, Sewer, Snow Removal, Taxes, Trash Collection, Water
Parcel#: 340490110
Parking: Carport, Detached Garage, Gravel
Sewer: City Sewer/Connected
Tenant Expenses: Electricity
Units: 4
Water: City Water/Connected

Local Schools

School District: Albert Lea

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Estimated Payment

$ 1,701.63 per month $1,330.07 Principal & Interest $298.67 Property Tax $72.89 Homeowner's Insurance

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