For Sale: Albert Lea MLS# 6648820
Active
$189,000
Commercial: 2 Stories
Built 1939
0.14 acres
Albert Lea schools
MLS# 6648820
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Property Description
This property is a great investment opportunity. It has a one bed one bath apt and 3 storage units. 2 of the storage are currently rented out. The storage units are on a month to month lease. all utilities are separated for each unit. The 1 bed 1 bath apartment is currently filled with a tenant. Come and see this great investment opportunity today!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$189,000
Property Type:
Commercial
City:
Albert Lea
Garage Spaces:
0
County:
Freeborn
Year Built:
1939
State:
MN
Property Style:
2 Stories
Zip Code:
56007
Subdivision Name:
College Add
Interior
Ranges:
One
Refrigerators:
One
Exterior
Stories:
Two
Garage Spaces:
0
Other Parking Spaces:
0
Air Conditioning:
None
Foundation Size:
1,789 ft2
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
On-Street Parking Only
Shared Amenities:
None
Exterior Material:
Block
Lot & Land
Acres:
0.14
Geolocation:
43.653783, -93.382266
Inclusions:
Building
Lot Dimensions:
67 x 132 x 67 x 126
Zoning:
Business/Commercial
Lot Description:
Corner Lot
Schools
School District:
241
District Phone:
507-379-4800
Expenses
Annual Maintenance Expense:
$400
Tenant Expenses:
All Utilities, Trash Collection
Financial & Taxes
Tax Year:
2023
Annual Taxes:
$1,098
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$1,162
Income
Annual Gross Income:
$18,000
Units
Total Units:
4
Miscellaneous
Current Use:
- Residential
- Storage Facility
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Separate
- Heating Separate
- Hot Water Separate
Water System:
City Water/Connected
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Local Home Mortgage Professionals
651-253-2144
Jason & Kim Stone
Branch Manager & Co-Branch Manager
Fairway Mortgage NMLS#1018649
Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
It would be our pleasure to assist you with your home purchase!
Listing provided by RMLS,
courtesy of Homes Plus Realty.
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.