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Active NEW!
$199,900
/mo Edit
Multi-family:  Triplex
Built 1888
2,064 sqft • 0.16 acres
Albert Lea schools
MLS# 6766237
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    Property Description

    Investment opportunity. Welcome to this well maintained, triplex featuring a 4 bedroom unit, 2 bedroom unit and a 1 bedroom studio unit. All with separate entrances. Schedule your showing today.

    Listing

    Contingency: None
    Price per sq ft: $97
    City: Albert Lea
    County: Freeborn
    State: MN
    Property Style: Triplex
    Zip Code: 56007

    Interior

    Living Area: 2,064 ft2
    Ranges: Three
    Refrigerators: Three
    Basement Details: Partial

    Exterior

    Stories: One and One Half
    Garage Spaces: 0
    Foundation Size: 1,312 ft2
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features: Gravel
    Road Frontage: City Street
    Exterior Material: Vinyl Siding
    Roof Details: Metal

    Lot & Land

    Acres: 0.16
    Geolocation: 43.643676, -93.380844
    Lot Dimensions: 41 x 150 x 41 x 150

    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: $2,000
    Annual Maintenance Expense: $1,000
    Annual Gross Expense: $1,000
    Annual Trash Expense: $1,000
    Annual Water/Sewer Expense: $1,000

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $2,570
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $2,774

    Income

    Annual Gross Income: $24,600

    Units

    Total Units: 3

    Miscellaneous

    Fuel System:
    • Electric
    • Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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    Payment:  /mo

    Listing provided by RMLS, courtesy of Robert Hoffman Realty Inc..
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.