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108 Adams Avenue

Albert Lea, MN 56007
  • $185,000
  • STATUS: Active
  • ON SITE: 154 Days
  • ID#: 6318840
Price Reduced
$185,000
  • 0
    BEDS
  • 0.37
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1880
County:

School Ratings & Info

School District:
NorthstarMLS] logo Listing courtesy of Robert Hoffman Realty Inc..

Description

This 5-unit apartment building is on a larger corner lot full of oak trees in the center of town. It is a 2-story building that has 2 2-bedroom units, 2 1-bedrom units and a efficiency apartment. The coin operated laundry, new boiler, water heater and water softener are in the basement. The owner pays for gas, water and trash, the tenants pay for their own electricity and cable/wifi. There is an off-street parking spot for each unit. Along with the new boiler in 2022 new sidewalks were also completed.

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IDX data © 2023 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 Cari Ann Carter Group | Edina Realty 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. Cari Ann Carter Group | Edina Realty is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Cari Ann Carter Group | Edina Realty, 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 2023-05-31T00:22:40.947.

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108 Adams Avenue Albert Lea, MN 56007

  • Price: $185,000
  • Status: Active
  • On Site: 154 Days
  • ID#: 6318840
0
Beds
0
Baths
0
½ Baths
0.37
Acres
1880
Built
Neighborhood:
Morins Sub
County:
Freeborn
School District:
241 - Albert Lea
Property Description
This 5-unit apartment building is on a larger corner lot full of oak trees in the center of town. It is a 2-story building that has 2 2-bedroom units, 2 1-bedrom units and a efficiency apartment. The coin operated laundry, new boiler, water heater and water softener are in the basement. The owner pays for gas, water and trash, the tenants pay for their own electricity and cable/wifi. There is an off-street parking spot for each unit. Along with the new boiler in 2022 new sidewalks were also completed.
Exterior Features

Construction Materials Stucco Foundation Area 1740 Foundation Dimensions 42X44 Garage Dimensions 0 Garage Door Height 0 Garage Door Width 0 Garage Square Feet 0 Levels Two Lot Features Irregular Lot Lot Size Dimensions 125X157 Parking Features GravelParking Lot Parking Open 5 Road Frontage Type City StreetSidewalks Roof Age Over 8 YearsAsphaltPitched Topography Sloped

Interior Features

Appliances RangeRefrigeratorWater Softener Rented Basement FullPartially Finished Cooling Window Unit(S) Heating Boiler Refrigerator Num Five

Property Features

Accessibility Features None Additional Parcels YN No Assessment Pending No Association Amenities Coin-Op Laundry Owned Contingency None Current Use Residential Electric Expense 360 Foreclosure Status No Fuel Natural Gas Fuel Expense 2400 Gross Income 34400 Inclusions BuildingFixture/EquipmentLandLeasesOtherRental License Insurance Expense 1700 Lender Owned No Maintenance Expense 670 Net Operating Income 13000 Operating Expense 21000 Other Expense 2188 Postal City Albert Lea Potential Short Sale No Rental License Type Standard Rental License YN Yes Road Responsibility Public Maintained Road Sewer City Sewer/Connected Tax Annual Amount 5022 Tax With Assessments 5022.0000 Tax Year 2023 Tenant Pays Cable TvElectricity Trash Expense 800 Utilities Electric SeparateHeating CommonHot Water Common Water Sewer Expense 1200 Water Source City Water/Connected Zoning Description Residential-Multi-Family

NorthstarMLS] logo © 2023 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
Listing courtesy of Robert Hoffman Realty Inc.: . 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 © 2023 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 Cari Ann Carter Group | Edina Realty 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. Cari Ann Carter Group | Edina Realty is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Cari Ann Carter Group | Edina Realty, 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 2023-05-31T00:22:40.947.

Click here for Digital Millennium Copyright Act
 
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Cari Ann Carter Group | Edina Realty
4999 France Avenue
Minneapolis MN, 55410
NorthstarMLS] logo Listing courtesy of Robert Hoffman Realty Inc..