923 Abbott Street Albert Lea, MN $ 250,000
923 Abbott Street
$ 250,000
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923 Abbott Street

Albert Lea, MN, 56007
$ 250,000
Baths0.0 Sq 1,789

Monthly Estimate*

$ 1,746

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Studio

Commercial Property for sale in Albert Lea, MN

for $250,000. This 1,789 square foot building was built in 1939 on a lot size of 0.14.

This property is a great investment opportunity. It has a one bed one bath apt and 3 storage units. All units are currently rented out. The storage units are on a month to month lease. all utilities are separated for each unit.

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Commercial Active

Price

$ 250,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 1,098

Style

Lot Size

0.14

Year Built

1939

Town/City

Albert Lea

County/Region

Freeborn

MLS | Web ID

6492465

Features
General
Sewer City Sewer/Connected
Heating Forced Air
Cooling None
Utilities Electric Separate Heating Separate Hot Water Separate
Garage Spaces 0
Construction Materials Block
Year Built 1939
Tenant Pays All Utilities Trash Collection
Levels Two
Tax Year 2023
Current Use Residential Storage Facility
Gross Income 18000
Accessibility None
County Freeborn
Property Type Commercial Sale
Association Amenities None
Contingency None
Subdivision Name College Add
Directions driving down fountain st coming from mayo drive till you see winter ave take a right turn and property is at the end of the road on the right at the corner
City Albert Lea
Buyer Agent Compensation 3.00
High School District Albert Lea
Zoning Description Business/Commercial
Total Units 4
Street Name Abbott
Land Lease Y/N N
Tax Annual Amount 1098
Additional Parcels Y/N N
Days on Market 2
Standard Status Active
Lender Owned No
Buyer Agent Compensation Type %
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Exterior
Parking Features On-Street Parking Only
Lot Features Corner Lot
Water Source City Water/Connected
Inclusions Building
Lot Size Area 0.14
Building Area Total 1789
Lot Dimensions 67x132x67x126
Lot Size Units Acres
Foundation Area 1789
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Interior
Basement (Y/N) N
Street Suffix Street
Fuel Natural Gas
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Internal Only
Street Number 1 923
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* Excluded Features
List By
Homes Plus Realty

Broker

jenaybeaman@homesplusrealty.com

Email

Affordability Calculator

$1,838
Per Month
95%
5%
0%
Monthly Principal & Interest
$1,746
Monthly Property Taxes
$92
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
708674 Elementary School
708663 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/21/2024$250,000 Listed Price

Map


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923 Abbott Street, Albert Lea, MN, 56007 is a Commercial Property for sale at $250,000 with 1,789 sqft and a lot size of 0.14. 923 Abbott Street is a studio with 0.0 baths and was built in 1939. The property's zip code is 56007 which is in Albert Lea, MN