Property Listing
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.
Property Information
Status: Active
Sub Type: ********
List Price: $249,900
MLS#: 7104298
Current Price: $249,900
Address: 220 E 7th Street, Albert Lea, MN 56007
City: Albert Lea
State: MN
Postal Code: 56007
Geo Lat: 43.636638
Geo Lon: -93.365822
Subdivision:
County: Freeborn
Property Description
Year Built: 1949
Lot Size SqFt: 7000
Gen Tax: 3584
Specials Inst: 13183
High School: Albert Lea
Square Ft. Source:
Above Grade Finished Area: 2800
Below Grade Finished Area: 0
Below Grade Unfinished Area:
Total SqFt.: 2800
Style: Array
Total Bedrooms: 4
Total Bathrooms: 4
Total Full Baths:
Garage Type:
Garage Stalls: 2
Waterfront:
Property Features
Exterior:
Roof:
Foundation:
Lot Feat/Fld Plain:
Interior Amenities:
Inclusions: ********
Exterior Amenities:
Heat System:
Air Conditioning:
Utilities: