Albert Lea, MN 56007,525 W Main ST
Albert Lea, MN 56007,525 W Main ST
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$275,000
Est. payment /mo
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6 Beds
4 Baths
2,636 SqFt
New

525 W Main ST Albert Lea, MN 56007

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Taylor Doolittle

Taylor Doolittle

+1(952) 567-9939

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Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,636 sqft

Price per Sqft $104

Subdivision Morins Add

MLS Listing ID 7009918

Bedrooms 6

Year Built 1940

Annual Tax Amount $1,940

Tax Year 2025

Contingent None

Lot Size 6,969 Sqft

Acres 0.16

Lot Dimensions 40x150

Property Sub-Type Triplex

Property Description

Amazing income property that is basically brand new. A fire across the street led to hundreds of thousands of dollars in repairs (far more than the property is being sold for.) The lot acrtoss the street where the fire was is a City Owned lot now. Thius property is right on the new sharded user path the County is developing. This property has 4 units. A huge 3 bedroom apartment on the upper level with a nice new deck out front, 2 one bedrooms units on the main level each with their own private decks and a deteched studio apartment with an attached garage. All for less than $69k a door. The repairs after the fire across the street made the property perfect. The new park and bike path across the street will make the location pretty amazing!

Location

State MN

County Freeborn

Rooms

Basement Full

Interior

Heating Boiler

Fireplace No

Laundry In Basement, Common Area, Laundry Room

Exterior

Roof Type Age 8 Years or Less

Building

Lot Description Corner Lot

Story Two

Foundation 1258

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

New Construction false

Schools

School District Albert Lea

Listed by Robert Hoffman • Robert Hoffman Realty Inc.

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Taylor Doolittle

Taylor Doolittle

Team Co-Lead | License ID: 40536620

+1(952) 567-9939

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525 W Main ST

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