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507 Hills Lane, Albert Lea, MN 56007

Status: Off Market

2 units
1,692 sq ft 2 garage spaces

WELCOME HOME

Get to know this property.

Fantastic Investment Opportunity! Don’t miss this rare find with strong cash flow potential! Live in one side and rent out the other for extra income — or add this turnkey duplex to your portfolio. Each unit features: • 2 bedrooms, 1 bath, kitchen, and spacious living room on the main floor • Full basement for storage or future expansion • Attached garage and private deck (recently refaced with new lumber) • Updated flooring throughout • Appliances included The west unit has been completely remodeled — including new flooring, fresh paint, updated bathroom, modern kitchen, and brand-new appliances. It’s move-in ready and sure to impress! Additional updates include new garage doors and storm doors. All of this sits on an extra-large lot (nearly half an acre) — offering plenty of room to build that dream 30x36 garage or expand further (check with the city for details). This property truly has it all — value, versatility, and potential! Priced to sell — don’t wait!

The details that matter.

General Property Information for 507 Hills Lane, Albert Lea, MN 56007 - MLS# 6645385
Bedrooms and Bathrooms
Total Bedrooms:
4
Total Bathrooms:
2
Size and Multi Family Residence
Year Built:
1976
Type of Property:
Multi Family Residence
Style:
Duplex Side by Side
Stories/Levels:
1 Story
Total SqFt:
1,692
Total Fnsh'd SqFt:
1,692
Above Ground SqFt:
1,692
Finished Above Grade:
1,692
Below Ground SqFt:
1,692
Finished Below Grade:
0
Garage Stalls:
2
Garage SqFt:
484
Main Floor SqFt:
1,692
Approx Lot Dimensions:
135 x 150
Approx Number of Acres:
0.47
Income and Expenses
Gross Income:
$16,140
Total Expenses:
$6,960.0000

A closer look at the location.

North on Bridge to West on Hills Ln. Property is on the corner of Rowe Ln and Hills Ln.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than MnRealtyCo, LLC are marked with the Broker Reciprocity or the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.

All information provided is deemed reliable, but is not guaranteed and should be independently verified.

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