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$129,900   Price Analysis
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717 Minnesota Ave
Albert Lea, MN 56007
4 bed 2 bath 2,280 SqFt ($56/SqFt)
5,998SqFt lot. Built 1916
Listed 2024-04-12, Taxes $1,598
USDA Eligible
near Albert Lea, MN
 Restrictions may apply
due to home size

Are you eager to invest in real estate? Look no further!

Here's a remarkab le opportunity to own a duplex investment property that caters to your needs. Live in one unit while renting out the other, enjoying the benefits of separate electric and gas meters. Both units feature 2 bedrooms, complete with essential amenities such as a refrigerator, stve, washer, dryer, central heating.

This maintained property also offers a open yard and newer windows. Don't miss out on this chance. Schedule a visit today and explore the possibilities it holds for you. The rents are $850/mo for the main floor and $775 for the second floor.


Presented by Lanier Pratt at
Keller Williams Premier Realty-Rochester.


Property MLS #6518540 from NorthstarMLS

Bedrooms: 4

Total Rooms: 12
Basement Features: Concrete Block

Refrigerator

Full Bathrooms: 2

Heating Features: Forced Air
Heating Fuel: Natural Gas

Metal

Land Lease Amount Frequency: No
Lot Size Acres: 0.1377
Lot Size Dimensions: 120x50
Lot Size Square Feet: 5998

Association: No
Calculated Total Monthly Association Fees: 0

School District: 241 - Albert Lea

Hawthorne Elementary School is a public elementary school located approximately 0.2 miles away.
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Albert Lea Senior High School is a public middle and high school located approximately 1.3 miles away.
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St Theodore's Elementary School is a private elementary school located approximately 0.5 miles away.
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Annual Tax Amount: 1288.00
Source Listing Status: Active
County: Freeborn
Directions: South on Bridge Ave. from I-90. Turn left (East) to Minnesota Ave and turn right on Minnesota.
Tax Year: 2024
Source Property Type: Single Family
Property Subtype: condo
Source Neighborhood: Home Add
Parcel Number: 341800160
Subdivision: Home Add
Zoning: Residential-Multi-Family,
Property Subtype: (CC) Two Unit
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$77,900 + $8,200
$86,100
$1,598
2022$35,000 + $8,200
$43,200
$814
2021$31,500 + $8,200
$39,700
$758
2020$36,800 + $8,200
$45,000
$848
2019$33,300 + $7,300
$40,600
$752
2018$31,500 + $7,300
$38,800
$726
2017$18,916 + $4,384
$23,300
$458
2016$23,623 + $4,377
$28,000
$544
2015$23,640 + $4,560
$28,200
$532
2014$24,943 + $4,557
$29,500
$560
2013$25,037 + $4,563
$29,600
$622
2012$29,846 + $5,454
$35,300
$722
2011$51,000 + $8,800
$59,800
$722
2009$52,800 + $unknown
$61,600
$738

Listed 2024-04-12
$129,900
NorthstarMLS
Sold 2022-09-20
$96,000
Public Record
Sold 2016-01-28
$38,500
Southeastminnesota
Price Changed 2015-10-19
$44,900
Southeastminnesota
Price Changed 2015-04-22
$49,900
Southeastminnesota
Listed 2015-04-21
$55,000
Southeastminnesota

Total Square Feet Living: 2280
Above Grade Finished Area: 2280
Construction Materials: Frame
Foundation Area: 1280.00
Property Age: 108
Property Condition: Previously Owned
Levels or Stories: 2
Total Above Grade Sqft Area: 2280.00
Total Area Main: 1280.00
Total Below Grade Area: 1280.00

Sewer: City Sewer/Connected
Water Source: City Water/Connected
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.