115 E Clark Street, Albert Lea, MN 56007 (MLS# 4083109)

$120,000
115 E Clark Street
Albert Lea, MN 56007
MLS# 4083109
3 baths


115 E Clark Street, Albert Lea, MN 56007
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Property Description
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.

Details
Documents
None
Current Price: $120,000
Contract Information
MLS Code: 5035 - SEMN
List Price: $120,000
Owner is Agent: No
In Foreclosure: No
Potential Short Sale: No
Lender Owned: No
Auction: No
General Property Information
Current Business Nme: Grandmas Kitchen
# of Units: 3
Total Bathrooms: 3
Finished Above Grade: 4600
Foundation Size: 23x100
For Sale/Lease: For Sale
# of Parking Spaces: 2
Waterfront: No
Waterfront Name: None
Approx Nbr of Acres: 0.06
Aprox Lot Dimensions: 23x123
Location, Tax and Other Information
House Number: 115
Street Dir Pfx: E
Street: Clark
Street Abbreviation: Street
Postal City: Albert Lea
County: Freeborn
State/Province: MN
Zip Code: 56007
Zip + 4: 2420
Legal Description: STACY'S SUBDIVISION W 22 FT OF LOT 12 BLK 9 ORIGINAL PLAT & W 6 IN OF LOT A E C STACYS SUBD ORIGINAL PLAT
Parcel Number: 340040010
Tax Classification: Non-Homestead
Tax Year: 2018
Tax Amount: 1530
Assessments: No
Taxes w/Assessments: 1530
School District: Albert Lea #241
Directions & Remarks
Directions: North on Broadway Ave East on Clark
Status Change Info
Status: Active
Unit 1
Level: main
Total Baths: 1
Monthly Rent: 700
Unit 2
Level: upstairs
Total Bedrooms: 2
Total Baths: 1
Monthly Rent: 550
Unit 3
Level: upstairs
Total Bedrooms: 2
Total Baths: 1
Monthly Rent: 550
Square Footage
Main Floor SqFt: 2300
SqFt 2nd Level: 2300
SqFt Down: 2300
Total SqFt: 6900
Property Features
Unit 1: Leased
Unit 2: Leased
Unit 3: Leased
Air Conditioning: None
Heat: Forced Air
Fuel: Natural Gas
Current Use: Residential; Restaurant
Exterior: Brick
Roof: Rubber
Parking Charcterstcs: Unassigned
Road Frontage: City Street

Listing Office: RE/MAX Properties

Last Updated: December - 04 - 2018

All the listing data contained in this site is the copyrighted and confidential material of the Southeast Minnesota Association of REALTORS MLS. Such information cannot be duplicated or distributed in any manner without the express written consent of the owning association. Site contains live data. Data is deemed reliable but not guaranteed.

Monday 10th of December 2018 08:40 AM