115 Clark Street Albert Lea, MN
$ 120,000
Property Attributes
  • MLS#5136996
  • TypeCommercial
  • CountyFREEBORN
  • CityAlbert Lea
  • Zip56007
  • StyleApartments and Retail
  • Year Built1922
  • Taxes1530
  • Price$ 120,000
  • Bedrooms4
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4600
  • Lot Size2,614 SqFt
Listing Provided Courtesy Of:
eXp Realty
Property Description

3 income sources from this commercial property. 2 apartments rent at $550 and $600/mo plus restaurant on main floor rents for $700/mo. Standard monthly owner expenses are $467. Coin op laundry in basement for tenants, owned by landlord. Apartments have seen many recent updates.

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
1/10/2019 Listed $120,000

General Features

Annual Gross Income 22200.00
Contingency None
Cumulative Days on Market 576
Handicap Accessible None
Listing Status Active
Municipality Albert Lea
Potential Short Sale No
Property Type CMU
School District 241 - Albert Lea
Shared Amenities Coin-op Laundry Owned
Tax Year 2018
Year Built 1922
Zoning Business/Commercial

Interior Features

Air Conditioning None
Basement Full, Unfinished
Fuel Natural Gas
Heating Forced Air
Number Of 2 Bedroom Unit 2
Number Of Ranges Two
Number Of Refrigerators Two

Exterior Features

Lender Owned No
Sale Includes Building
Acres 0.060
Building Finished Square 4600
Exterior Brick/Stone
Foundation Size 2300
Other Parking Spaces 2
Road Frontage City, Paved Streets, Sidewalks, Curbs
Roof Rubber
Sewer City Sewer/Connected
Water City Water/Connected


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 56007

AVG $470K
AVG $8,620
AVG 32
Year Built
AVG 1944
AVG 44
Data Provided by Walkscore ® not using MLS data

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