220 E 7th Street, Albert Lea, Minnesota 56007

MN, Albert Lea
$249,900
  • 4 Beds
  • 4 Bath
  • Residential Income Property Type
  • 1949 Year Built
  • Active Status
See All 31 Photos
Kyle Synowczynski
Kyle Synowczynski
  • (612) 688-6065
  • Kyle@StoneArchRealty.com
Property Description

Exceptional 3 Bedroom 4 Bath 4-Plex located on the corner of 7th Street and James Ave. The fourth unit is a commercial space that is currently a laundry service. It was formally a salon and could be converted back to a salon or another apartment. This property has been rented continuously with a solid rental history. Significant remodeling occurred on the property since it was purchased including new roof, medal siding, electric services, mini-splits, paint and some flooring. The property is licensed through the city and the rent is just under $3000/month. The tenants are responsible for paying their own utilities. There is ample parking on the large gravel parking lot and the 3-stall garage.
This turn key property is definitely one to look at.

Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: 7104298
  • Price: $249,900
  • Year Built: 1949
  • Listing Status: Active
  • Office Name: Keller Williams Premier Realty
  • Property Sub Type: Fourplex
Features
  • Heating System Baseboard,Ductless Mini-Split
  • Basement None
  • Parking Detached Garage,Gravel,Carport
  • Carport Spaces: 1
  • Exterior Features Metal
  • Sewer City Sewer/Connected
Address Map
  • Country US
  • State MN
  • County Freeborn
  • City Albert Lea
  • Zipcode 56007
  • Street: 7th
  • Street Number: 220
  • Street Suffix: Street
  • Longitude: W94° 38' 3''
  • Latitude: N43° 38' 11.9''
  • Directions: Travel South from downtown Albert Lea and turn left (East) on 7th Street. The property will be on the corner of 7th St. and James Ave.
  • Street Dir Prefix: E
Neighborhood
  • High School District: Albert Lea
MLS Addon
  • Office Name: Keller Williams Premier Realty
Additional Information
  • Water Source: City Water/Connected
  • Accessibility Features: None
  • Building Size: 2800
  • Foundation Details: Slab
  • Garage: 2
  • Levels: Two
  • Lot Size Dimensions: 50x140
  • Number Of Units Total: 4
Financial
  • Tax Annual Amount: 3584
Listing Information
  • List Agent Mls Id: 503515136
  • List Office Mls Id: 26717
  • Modification Timestamp: 2026-07-07T09:19:09Z
  • Originating System Name: NorthStar
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