For Sale: Albert Lea MLS# 7056059
Active
$164,999
Multi-family: Duplex Up and Down
4 br • 2 ba • Built 1892
1,637 sqft • 0.14 acres
MLS# 7056059
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Property Description
This property is a duplex. Each unit features two bedrooms, one bathroom, a kitchen, and a living room. Currently, the property has tenants who are paying per month. This property is a great opportunity for investors, as it essentially pays for itself. It is also ideal for someone looking to buy their first home, as you can live in one unit and use the rent from the other unit to help pay your mortgage. This property is available now, so don't miss out!.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$164,999
Price per sq ft:
$101
Property Type:
Multi-family
City:
Albert Lea
Garage Spaces:
0
County:
Freeborn
Year Built:
1892
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
56007
Subdivision Name:
Railroad Add
Interior
Bedrooms:
4
Bathrooms:
2
Finished Area:
1,637 ft2
Living Area:
1,637 ft2
Refrigerators:
Two
Basement Details:
Other
Exterior
Stories:
Two
Garage Spaces:
0
Foundation Size:
1,637 ft2
Handicap Accessible:
None
Heating System:
Forced Air
Road Frontage:
City Street
Roof Details:
Age 8 Years or Less
Lot & Land
Acres:
0.14
Geolocation:
43.6415600226, -93.3593601328
Lot Dimensions:
49 x 121
Schools
School District:
1141
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
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$864
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$1,336
Income
Annual Gross Income:
None
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
Yes
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
Mortgage Calculator
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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!
Listing provided by RMLS,
courtesy of National Realty Guild.
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.