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512 Harriet Lane, Albert Lea, MN 56007

Status: Off Market

2 units
2,560 sq ft 2 garage spaces

WELCOME HOME

Get to know this property.

Exceptional 4 Bedroom 2 Bath Side by Side Duplex located near Fountain Lake and the Albert Lea Mayo Medical Center. This property has been rented continuously with a solid rental history on the 508 unit and was once an Airbnb. Significant remodeling occurred in the property since it was purchased including new kitchen, bathroom, paint and flooring. The property is licensed through the city and the rent is $1200/month with the tenants paying their own utilities. The tenant's lease expires 5/31/26 and they have indicated they will not be renewing. You can place your own tenants or live in the 508 unit and remodel/rent out the 512 unit. The 512 unit needs to be completed although there has been work done in the unit to get it ready for the next renter (see disclosure form). AGENT IS ALSO AN OWNER.

The details that matter.

General Property Information for 512 Harriet Lane, Albert Lea, MN 56007 - MLS# 7023425
Bedrooms and Bathrooms
Total Bedrooms:
4
Total Bathrooms:
2
Size and Multi Family Residence
Year Built:
1883
Type of Property:
Multi Family Residence
Style:
Duplex Side by Side
Stories/Levels:
2 Story
Total SqFt:
2,560
Total Fnsh'd SqFt:
2,560
Above Ground SqFt:
2,560
Finished Above Grade:
2,560
Below Ground SqFt:
1,280
Finished Below Grade:
0
Garage Stalls:
2
Garage SqFt:
250
Main Floor SqFt:
1,280
Approx Lot Dimensions:
54 x 60
Approx Number of Acres:
0.074
Income and Expenses
Gross Income:
$14,400
Total Expenses:
$0

A closer look at the location.

Turn North on Park Lane from Fountain Ave. Then turn West (left) and the property is on the right hand side of the road.

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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