About 220 E 7th Street
Exceptional 3 Bedroom 4 Bath 4-Plex located on the corner of 7th Street and James Ave. The fourth unit is a commercial space that is currently a laundry service. It was formally a salon and could be converted back to a salon or another apartment. This property has been rented continuously with a solid rental history. Significant remodeling occurred on the property since it was purchased including new roof, medal siding, electric services, mini-splits, paint and some flooring. The property is licensed through the city and the rent is just under $3000/month. The tenants are responsible for paying their own utilities. There is ample parking on the large gravel parking lot and the 3-stall garage. This turn key property is definitely one to look at.
Features of 220 E 7th Street
| MLS® # | 7104298 |
|---|---|
| Price | $249,900 |
| Bedrooms | 4 |
| Bathrooms | 4.00 |
| Square Footage | 2,800 |
| Acres | 7,000.00 |
| Year Built | 1949 |
| Type | Residential Income |
| Sub-Type | Fourplex |
| Status | Active |
Community Information
| Address | 220 E 7th Street |
|---|---|
| City | Albert Lea |
| County | Freeborn |
| State | MN |
| Zip Code | 56007 |
Amenities
| Parking | Carport, Detached Garage, Gravel |
|---|---|
| # of Garages | 2 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Baseboard, Ductless Mini-Split |
|---|---|
| Fireplace | No |
Exterior
| Exterior Features | Metal |
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School Information
| District | Albert Lea |
|---|
Additional Information
| Days on Market | 80 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Office | Keller Williams Premier Realty |
|---|