415 W College ST, Albert Lea, MN 56007 - MLS#6742759

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Nick Leavy

nick@ermetro.com +1(612) 236-5331

$79,900

Est. payment - /mo

2,515 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,515 sqft

Price per Sqft $31

Subdivision Cottage Place Add

MLS Listing ID 6742759

Year Built 1890

Annual Tax Amount $742

Tax Year 2025

Contingent None

Lot Size 8,276 Sqft

Acres 0.19

Lot Dimensions 67x20

Property Sub-Type Triplex

Property Description

If you are looking for a multi-unit building and you have the ability to do the remodel yourself, this is a great opportunity. We gutted most of the kitchens and bathrooms in preparation for a remodel. The exterior has been recently painted and the roof doesn't leak. Additionally, the utilities are separate for each unit. There is a furnace in the basement ready to replace the old one that is there. There was a small water loss event in one unit a year ago or so and the plumbing would need to be repaired. This has the potential to have (3) 2 bedroom 1 bath units that could rent starting at $850/mo. each depending on how nice the remodel is. The agent is the owner so reach out with any questions. The property is a show and go so schedule through ShowingTime.
PLEASE WATCH YOUR STEP IN UNIT 2 AS THE BATHROOM FLOOR HAS BEEN REMOVED IN PREPARATION FOR NEW FLOORING.

Location

State MN

County Freeborn

Rooms

Basement Block

Interior

Heating Forced Air

Fireplace No

Building

Story Two

Foundation 1710

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

Structure Type Shake Siding,Slate

New Construction false

Schools

School District Albert Lea

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Listed by Lanier Pratt • Keller Williams Premier Realty

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