Kent Gabrielsen - Coldwell Banker River Valley, REALTORS
361 Railroad Ave
Albany, MN 56307

Description

Attention Investors: Income producing property with 100% occupancy & long term tenants with over $150,000 in updates since 2016. Three residential units and two commercial spaces with gross monthly income of $4000 but could increase. 3BR unit $1000, 2BR $1000, 1BR $650, two commercial units $800 & $550 a month. 3 stall garage, deck, patio, additional parking. 4 out of the 5 units renovated in 2016 including front of both buildings. Great location downtown in growing community.

Details

MLS#4994616
Sub-TypeResale
StatusActive
Year1903
Days On Site118

Features

SQ Feet5,610
Story(s)1
Units5
ZoningBusiness/Commercial

Market Activity 56307

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Area Information

StateMN
CountyStearns
CityAlbany
Zip Code56307
AreaAlbany (MN)
Listing VS Median (in 56307)
Price:
$289,500
low | high
Med:
$189,900
84.40414507772% of Average
SqFt:
5,610
low | high
Med:
1,828
100% of Average
$ / SqFt:
$52
low | high
Med:
$104
51.308942075487% of Average
On Site:
118
low | high
Med:
53
100% of Average
Listing Updated: 12/14/2018
MLS Number: 4994616
Listing Provided By:
Matthew Imdieke  of  Central MN Realty LLC