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$249,900
4 Beds
- 4 Baths
2,800sqft
220 E 7Th St, Albert Lea, MN 56007
$249,900
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Quadruplex
Built in 1949
$-- HOA
7,000 sqft lot
$89/sq.ft
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 an...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1949
HOA Fees
-
Finished Area
2,800 sqft
Lot Size
7,000 sqft lot
Basement Area
- sqft
MLS Name
Northstar MLS
MLS Number
7104298
Days on Market
7
Cumulative Days on Market
3
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