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$95,000
/mo Edit
Multi-family:  Duplex Up and Down
Built 1892
3,216 sqft • 0.12 acres
Albert Lea schools
MLS# 6470082
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    Property Description

    Duplex with renters on both floors on a "month to month" lease. Separated heat and electric. Newer roof on house. Some newer windows on the upper level. Both units have 2 bedroom, 1 bath with informal dining room. Double stall garage has divider in the middle for each unit to have their own stall.

    Listing

    Contingency: None
    Price per sq ft: $30
    City: Albert Lea
    County: Freeborn
    State: MN
    Property Style: Duplex Up and Down
    Zip Code: 56007
    Subdivision Name: Morins Add

    Interior

    Living Area: 3,216 ft2
    Ranges: Two
    Refrigerators: Two
    Basement Details: Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Dimensions: 22x22
    Garage Size: 484 ft2
    Foundation Size: 1,072 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Road Frontage: City Street
    Exterior Material:
    • Other
    • Shake Siding
    • Wood Siding
    Roof Details: Asphalt

    Lot & Land

    Acres: 0.12
    Geolocation: 43.647116, -93.371197
    Lot Dimensions: 42.20 x 127
    Zoning: Residential-Multi-Family

    Schools

    School District: 241
    District Phone: 507-379-4800

    Expenses

    Annual Gross Expense: None
    Tenant Expenses: Cable TV, Electricity, Gas

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $1,077
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $1,524

    Income

    Annual Gross Income: $12,600
    Misc. Annual Income: None
    Misc. Monthly Income: None

    Units

    Total Units: 2

    Miscellaneous

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

    Mortgage Calculator

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    Payment:  /mo

    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.
    It would be our pleasure to assist you with your home purchase!

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    Listing provided by RMLS, courtesy of RE/MAX Properties.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.