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108 Adams Avenue

Albert Lea, MN 56007
  • $250,000
  • STATUS: Active
  • ON SITE: 30 Days
  • ID#: 6183268
UPDATED: 236 min ago
$250,000
  • 0
    BEDS
  • 0.37
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,100
    SQFT
  • $81
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1880
County:

School Ratings & Info

School District:
Listing courtesy of Keller Williams Premier Realty.

Description

Exceptional turn of the century Apartment Building that was once a mansion. The property sits on a medium tree covered double let with many upgraded features and long term tenants. Very spacious apartments with 1200 sq ft per apartment. There are (2) 2 Bedroom - Full Bath units, (2) 1 Bedroom -Full Bath units and (1) Efficiency 3/4 Bath Apartment. Private parking lot provides ample off-street parking for all tenants. Building is non-smoking and no pets. Building is currently managed by listing Broker/Agent. The building features separate electric for each apartment and each tenant is responsible for all electrical usage. The owner just installed a new boiler over the winter and had the sidewalks replaced the week the listing went active. Great cash flow! Call for more information!

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IDX data © 2022 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Holz Group | Keller Williams Select are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Holz Group | Keller Williams Select is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Holz Group | Keller Williams Select, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2022-05-26T00:24:28.807.

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108 Adams Avenue Albert Lea, MN 56007

  • Price: $250,000
  • Status: Active
  • On Site: 30 Days
  • Updated: 236 min ago
  • ID#: 6183268
0
Beds
0
Baths
0
½ Baths
0.37
Acres
3,100
SQFT
$81
$/SQFT
1880
Built
Neighborhood:
Morins Sub
County:
Freeborn
School District:
241 - Albert Lea
Property Description
Exceptional turn of the century Apartment Building that was once a mansion. The property sits on a medium tree covered double let with many upgraded features and long term tenants. Very spacious apartments with 1200 sq ft per apartment. There are (2) 2 Bedroom - Full Bath units, (2) 1 Bedroom -Full Bath units and (1) Efficiency 3/4 Bath Apartment. Private parking lot provides ample off-street parking for all tenants. Building is non-smoking and no pets. Building is currently managed by listing Broker/Agent. The building features separate electric for each apartment and each tenant is responsible for all electrical usage. The owner just installed a new boiler over the winter and had the sidewalks replaced the week the listing went active. Great cash flow! Call for more information!
Exterior Features

Construction Materials Wood SidingStucco Foundation Area 1740 Levels Two Lot Features Irregular LotTree Coverage - Medium Lot Size Dimensions 106X160 Parking Features GravelMore Parking Onsite For Fee Parking Open 5 Roof AsphaltFlatRubber Waterfront YN No

Interior Features

Appliances RangeRefrigeratorWater Softener RentedGas Water Heater Basement Full Heating Hot Water Refrigerator Num One Per Unit

Property Features

Accessibility Features None Additional Parcels YN No Assessment Pending No Contingency None Current Use Residential Electric Expense 360 Foreclosure Status No Fuel Natural Gas Fuel Expense 2400 Gross Income 34440 Inclusions BuildingLandFixture/Equipment Insurance Expense 1700 Land Lease Amount 0 Lender Owned No Maintenance Expense 670 Net Operating Income 13000 Operating Expense 21000 Other Expense 2188 Owner Pays TaxesInsuranceWaterFuelRepairsTrash CollectionSnow RemovalGrounds Care Postal City Albert Lea Potential Short Sale No Property Sub Type Apartment Rental License YN No Sewer City Sewer/Connected Tax Annual Amount 2692 Tax With Assessments 2908.00 Tax Year 2022 Trash Expense 800 Unit Type Efficiencies1 Bedroom2 Bedroom3 BedroomOne RoomTwo RoomThree RoomFour RoomFive RoomSix RoomSeven Room Utilities Hot Water Common Water Sewer Expense 1200 Water Source City Water/Connected Zoning Description Residential-Multi-Family

© 2022 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
Listing courtesy of Keller Williams Premier Realty. This home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.


IDX data © 2022 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Holz Group | Keller Williams Select are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Holz Group | Keller Williams Select is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Holz Group | Keller Williams Select, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2022-05-26T00:24:28.807.

Click here for Digital Millennium Copyright Act
 
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Holz Group | Keller Williams Select
5818 Blackshire Path
Saint Paul MN, 55076
Listing courtesy of Keller Williams Premier Realty.