220 E 7th St

Albert Lea, MN 56007
  • $249,900

    Price
  • 4

    Bed
  • 4

    Bath
  • 2,800

    SqFt
  • 0.16

    Acre

About the Listing 26717 - 503515136

Exceptional 3 Bedroom 4 Bath 4-Plex located on the corner of 7th Street and James Ave. The fourth unit is a commercial space that is currently a laundry service. It was formally a salon and could be converted back to a salon or another apartment. This property has been rented continuously with a solid rental history. Significant remodeling occurred on the property since it was purchased including new roof, medal siding, electric services, mini-splits, paint and some flooring. The property is licensed through the city and the rent is just under $3000/month. The tenants are responsible for paying their own utilities. There is ample parking on the large gravel parking lot and the 3-stall garage. This turn key property is definitely one to look at.

Listing Highlights

Status Active
Days on Site 80
Property Type Multi-Family
MLS ® 7104298
Year Built 1949
Total Square Footage 2,800
Lot/Acreage 0.16
County Freeborn
School District Albert Lea

Interior Details

  • Bedrooms: 4
  • Bathrooms: 4 Full
  • Appliances:
  • Air Cond:
  • Heating: Baseboard,Ductless Mini-Split,Electric
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 2800
  • Basement:
  • Other:
  • Water: City Water/Connected

Exterior Details

  • Garage Capacity: 2 car
  • Lot Dimensions: 50x140
  • Roof:
  • Others:
  • Sewer: City Sewer/Connected
  • Parking Features: Carport,Detached Garage,Gravel

Financial Details

  • Tax Amount: $3,584
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 340490110
  • Tax Year: 2026

Payment Calculator

Monthly Payment

  • in Principal and Interest
  • in Taxes
Years
% Down Payment
% Mortgage Rate

Questions About..

220 E 7th St Albert Lea, MN 56007

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Never Miss A New Property

Get notified any time there's a new home on the market in this neighborhood!

Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.

Originating MLS: northstar

Agent profile image in chat bubble
Agent profile image in chat header

Brad Bemowski

Realtor and Licensed Real Estate Broker | Brad Bemowski | Homcentric Real Estate, powered by Property Executives Realty

Agent profile image in message

or another way