$125,000 115 E Clark Street Albert Lea, MN

MLS: 4083109   Type: Commercial   County: Freeborn   City: Albert Lea   Zip: 56007   Style: Commercial     Taxes: $1,530

Mortgage $587 /mo



Half Baths

Sqr Footage

Lot Size








Outstanding cash flow on this commercial property. Main floor commercial plus 2 apartments upstairs. Gross rents $1800 a month, standard expenses $485 monthly. Coin operated laundry in basement. Many updates.

Elementary School

Middle School

High School

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Distance: N/A Miles
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Price History

9/19/2017 Listed $130,000
4/13/2018 4% - $125,000

Listing Status Active

Interior Features

A/C None
Finished Below Grade 0.00
Fuel Natural Gas
Heat Forced Air
Square Footage: Main Floor Sqft 2300
Square Footage: Sqft 2nd Level 2300
Square Footage: Sqft 3rd Level 0
Square Footage: Sqft Down 2300
Total Number of Units 3
Unit 1 Leased
Unit 1: Level main
Unit 1: Total Baths 1
Unit 2 Leased
Unit 2: Level upstairs
Unit 2: Total Baths 1
Unit 2: Total Bedrooms 2

Exterior Features

Aprox Lot Dimensions 23x123
Exterior Brick
Finished Above Grade 4600.00
Foundation Size 23x100
Number of Parking Spaces 2.00
Overhead Doors 0
Road Frontage City Street
Roof Rubber
Sewer City
Water City
Waterfront No

Property Schools

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Gallery (17 photos)

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Property vs Zip Code Avg (56007)

Price 125K Avg 467K

Sqr Feet 6,900 Avg 10,785

Cost / Sqr Ft $18 Avg $43

Taxes $1,530 Avg $10,997

Acres 0.06 Avg 2.02

Visits 32 Avg 26

Days on Site 336 Avg 361

Walkscore® 71 Avg 40

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Listing Provided Courtesy Of: Re/Max Properties

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Location & Address

eXp Realty, Southeast Minnesota
829 3rd Ave SE Ste 293
Rochester, MN