108 Adams Avenue

Albert Lea, MN 56007

$299,900
Price
—
Beds
3,572 Sq. Ft.
$84 / Sq. Ft.
3,572
Sq. Ft.
$84
per Sq. Ft.

Description

Lots of updates to this 5 unit complex. The freshly painted exterior really made this property shine! 3 out of the 5 units completely renovated! All units occupied. Tenant pays electric and wifi. Coin operated laundry located in basement of building. Required 24 hour showing request.Lots of updates to this 5 unit complex. The freshly painted exterior really made this property shine! 3 out of the 5 units completely renovated! All units occupied. Tenant pays electric and wifi. Coin operated laundry located in basement of building. Required 24 hour showing request.
  1. Listed by Real Estate for Investors

Property Details for 108 Adams Avenue

Subdivision Name
Morins Sub
Zoning Jurisdiction
Business/Commercial,Residential-Multi-Family
LISTING UPDATED: 08/12/2024 10:16 AM

Property Details for 108 Adams Avenue

StatusActive
MLS #6581105
Days on Compass82
Taxes$4,962 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeApartment
MLS TypeCommercial Sale / Apartment
Year Built1880
Lot Size0.37 AC / 16,117 SF
CountyFreeborn County

Building Information for 108 Adams Avenue

Stories-Residences5Year Built1880Lot Size0.37 AC / 16,117 SF

Property Information for 108 Adams Avenue

Summary
Location and General Information
  • City Name: Albert Lea
  • County Or Parish: Freeborn
  • County: Freeborn-MN
  • Directions: From Highway 13, head east on Clark St W, Take right on Ermina Ave S, Left on Oak Ln, Building is on your left
  • Latitude: 43.649268
  • Longitude: -93.37555
  • Map Coordinate: 999-A1
  • Map Coordinate Source: King's Street Atlas
  • City and Location: Albert Lea
  • City and Location Text: Albert Lea(MN)
  • Postal Code: 56007
  • State Or Province: MN
Taxes and HOA Information
  • Additional Parcels: No
  • Parcel Number: 340090120
  • Tax Annual Amount: $4,962.00
  • Tax Legal Description: MORIN'S SUBD OF LOT 12 BLOCK 1 LOT-NOR LOTS N, O & R SUB OF LOT 12 BLK 11 MORINS ADDITION
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2024
  • Tax With Assessments: 5226.0000
School Information
  • High School District: 241 - Albert Lea
  • School District Number: 241
  • School District Phone: 507-379-4800
Property
Lot Information
  • Current Use: Other
  • Lot Size Area: 0.37
  • Lot Size Dimensions: X
  • Lot Size Units: Acres
  • Property Sub Type: Apartment
  • Property Type: Commercial Sale
  • Building Area Total: 3572.0
Property and Assessments
  • Age Of Property: 144
Utilities
  • Sewer: City Sewer/Connected
  • Utilities: Electric Separate, Heating Common, Hot Water Common
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Association Amenities: Coin-op Laundry Owned
  • Foundation Area: 1260.0
  • Fuel: Natural Gas
  • Road Frontage Type: City Street
  • Roof: Asphalt, Flat
Interior Features
  • Appliances: Dryer, Range, Refrigerator, Washer, Water Softener Rented
  • Basement Type: Unfinished
  • Cooling: None
  • Heating: Baseboard, Hot Water
  • Levels: Two
  • Basement YN: Yes
Multi Family
Unit 1
  • Unit Bath Full: 1
  • Unit Type Actual Rent: $795.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Is Leased: 1
  • Unit Level: MAIN
  • Unit Number: 108
Unit 2
  • Unit Bath Full: 1
  • Unit Type Actual Rent: $700.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Is Leased: 1
  • Unit Level: SECND
  • Unit Number: 606
Unit 3
  • Unit Bath Full: 1
  • Unit Type Actual Rent: $650.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Is Leased: 1
  • Unit Level: SECND
  • Unit Number: 608
Unit 4
  • Unit Bath Full: 1
  • Unit Type Actual Rent: $795.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Is Leased: 1
  • Unit Level: MAIN
  • Unit Number: 610
Unit 5
  • Unit Bath Full: 1
  • Unit Type Actual Rent: $475.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Unit Is Leased: 1
  • Unit Level: SECND
  • Unit Number: 612

Property History for 108 Adams Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 108 Adams Avenue

Taxable ValueLand$10,900Additions$125,600Total$136,500
Tax Record2023$5,226 ($436 / month)
Home Facts
Total Finished SqFt3,572 SqFtAbove Grade Finished SqFt3,572 SqFtStories2StyleMulti-Family Res (5+ Units)Year Built1880CountyFREEBORNAPN34.009.0120Fireplace TypeHas Fireplace

Schools near 108 Adams Avenue

This home is within Albert Lea Public School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 7
Public - 8 to 12
Public - 5 to 12
Rating
School
Distance
Lakeview Elementary School
PublicK to 5

Southwest Middle School
Public6 to 7

Albert Lea Senior High School
Public8 to 12

Fountain Center
Public5 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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108 Adams Avenue is for sale in Albert Lea, MN 56007. This property was listed for sale on August 12, 2024 by Real Estate for Investors, it's currently listed at $299,900. This listing's school district is Albert Lea Public School District. Nearby schools include Lakeview Elementary School, Southwest Middle School and Albert Lea Senior High School. 108 Adams Avenue is a 0-bed, 0-bath, 3,572 sqft built in 1880.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Real Estate for Investors

Based on information from one of the following Multiple Listing Services: Minneapolis Northstar, REALTORS Association of Northeast Wisconsin and Lake Superior Area REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Minneapolis Northstar and REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 08/12/2024 10:16 AM