Ignite FB Tracking PixelAnother Property Sold - 710 S Washington Avenue, Albert Lea, MN 56007 - Lanier Pratt

Another Property Sold - 710 S Washington Avenue, Albert Lea, MN 56007

by Lanier Pratt 06/02/2022

710 S Washington Avenue, Albert Lea, MN 56007
Residential IncomeSold
List Price $188,500
Sold Price $189,000
710 S Washington Avenue
Albert Lea, MN 56007
Listing Office: Keller Williams Premier Realty
MLS: Northstar MLS
2,825Sq Ft
Est. Mortgage
$1,073/mo

Exceptional Apartment Building sitting on a double lot with long term tenants. There are (3) 1 Bedroom - Full Bath units and (1) 2 Bedroom - 3/4 Bath units. Private parking lot provides ample off-street parking behind the building. The property is designated as non-smoking and no pets, however during the inspection process for the listing we noticed that two tenants have cats. Building is currently managed by listing Broker. The building features separate utilities for each apartment and each tenant is responsible for all electrical usage. Very low maintenance with newer roof, partial newer foundation wall & vinyl siding. Great cash flow! Call for more information!

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About the Author
Author

Lanier Pratt

Lanier is educated in Business and Hospital Administration, with a strong focus in Management. He has been involved in Real Estate since 1998 and has extensive experience in ownership, management, construction and maintenance with a strong understanding of the Southern Minnesota sales and rental market.

Whether it's selling, buying relocating or increasing your investment portfolio, Lanier is the person to help.