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$94,900

2 Beds 2 Baths 1,449 SQFT 0.18 Acres
Type: Contingent

214 W College Street
Albert Lea, MN 56007

MLS#: 7154528
Kurt Peterson
Kurt Peterson
The Real Estate Advantage
REALTOR and Team Leader
Phone: 612.325.6324
Office: 952.226.7700
Presented by: eXp Realty

Property Description

 

Affordable duplex investment opportunity at 214 W College St in Albert Lea. This cash-flowing property offers two separate units, providing rental income from both sides and an excellent opportunity to build or expand a rental portfolio. The property offers a practical layout, affordable price point, and established rental potential. Whether you're a first-time investor looking for an entry-level property or an experienced landlord adding another unit to your portfolio, this duplex offers the opportunity to generate income while building long-term equity. Conveniently located near local amenities, schools, shopping, and downtown Albert Lea. An affordable duplex with income-producing potential is hard to beat.


 

Interior Features

Bedrooms

Total Bedrooms2

Bathrooms

Total Baths2

Other Interior Features

Above Grade Finished Area1,449 sqft
BasementFull, Unfinished
Basement (Y/N)Yes
Below Grade Finished Area0 sqft
FuelNatural Gas

General

AccessibilityNone
Additional Parcels Y/NNo
CityAlbert Lea
ContingencyInspection
CountyFreeborn
DirectionsS on Broadway from Main St, right on College St, property is on the right
Electric Expense0
Fuel Expense0
Garage Spaces0
Gross Income15600
HeatingForced Air
High School DistrictAlbert Lea
Insurance Expense0
Land Lease Y/NNo
Lender OwnedNo
LevelsTwo
Living Area1,449 sqft
Lot Size UnitsAcres
MaintenanceExpense0
New ConstructionNo
Number Of Units Total2
Operating Expense0
PostalCityAlbert Lea
Property SubtypeDuplex Up and Down
Property TypeResidential Income
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameMorins Add
Tax Annual Amount$1,548
Tax Year2026
Trash Expense0
Water Sewer Expense0
Year Built1888
Zoning DescriptionResidential-Multi-Family

Exterior

Building Area Total2,297 sqft
Foundation Area848 sqft
Lot Dimensions75x103
Lot Size Area0 sqft
Water SourceCity Water/Connected
Waterfront Y/NNo

Additional Details

Price History

Schools 

Middle School N/A
Elementary School N/A
High School N/A

  

Similar Properties

$94,900

2 Beds 2 Baths 1,449 SQFT 0.18 Acres
Type: Contingent

214 W College Street
Albert Lea, MN 56007

MLS#: 7154528
Kurt Peterson
Kurt Peterson
The Real Estate Advantage
REALTOR and Team Leader
Phone: 612.325.6324
Office: 952.226.7700