509 4th Street, Albert Lea, MN 56007

$189,000 Asking Price

5 beds
3 baths
2,970  sqft
Built in 1888

Charming Southern Minnesota home. Timeless curb appeal. Provides a serene country living experience. Proximity to modern amenities. Conveniently located near local conveniences and Albert Lea Lake beaches. Features a 2-car garage and inviting front yard. Currently occupied by two tenants responsible for electricity. Owner covers all other utilities. Best of both worlds: tranquility of countryside and comforts of modern living in Albert Lea. Property is currently leased as a duplex, up and down. Rented on a month-to-month basis. Schedule closing 30 days+ to accommodate owner occupant. Seller has never lived in the property. Act now, this opportunity won't last long! Unlock the potential of Southern Minnesota's healthcare boom with this exclusive investment opportunity.


Features & Amenities

Interior

Master Bath:
Main Floor Full Bath
Dining:
Breakfast Area
Basement:
Partial, Unfinished
A/C:
Wall Unit(s)
Heating:
Forced Air
Fireplace:
Fireplaces: 0

Exterior

General:
Additional Garage
Pool:
None
Parking:
Detached, Asphalt

Construction

Roofing:
Age Over 8 Years
General:
Two

Location

Road/Access:
City Street
HOA Amenities:
0.0
Originating MLS:
northstar
School District:
Albert Lea
County:
Freeborn

Lot

Zoning:
340332840

Utilities

Water:
City Water/Connected
Sewer:
City Sewer/Connected

Financial

Source:
northstar

This listing courtesy of:
Coldwell Banker Realty

About Albert Lea, MN

Housing

Number of Units
9,958
Median Home Value
$124,019
Median Rent
$634

26.32% of housing units are renter occupied.

7.39% are vacant.

Commute

Car
90.01%
Public Transportation
0.52%
Walk to Work
2.93%
Work from Home
5.51%
Other
0.34%

The median travel time to work is 18 minutes.

People

Population
21,102
Median Age
44.80
Median Household Size
2.55

Education

High School
30.95%
Associate’s Degree
14.11%
Bachelor’s Degree
11.55%
Graduate Degree
5.39%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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