Closed

$114,000

605 W Fountain St, Albert Lea, MN 56007

4beds

3baths

3,021sqft

Triplex

Built in 1896

-- sqft lot

$165,000 Zestimate^®

$38/sqft

$1,497 Estimated rent

Home value

$165,000

$132,000 - $200,000

$1,497/mo

Zestimate^® history

Owner options

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$1,497/mo

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$1,497/mo

Rent Zestimate^®

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$583/mo

Est. payment

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$583/mo

Est. payment

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What's special

All leases are month to month with multiple long term tenants. Tenants pay electric, and each unit is metered separately. Gas also metered separately tho currently owner pays for gas and city bill. Each unit has one off street parking space in back of property. At least 24 hour notice for showings required. Owner prefers to sell both 601 and 605 W Fountain Street together and will negotiate to make this happen.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3

Heating

Baseboard

Features

Basement: Unfinished

Interior area

Total structure area: 3,021
Total interior livable area: 3,021 sqft
Finished area above ground: 2,014
Finished area below ground: 1,007

Property

Parking

Total spaces: 2
Parking features: Gravel
Garage spaces: 2
Details: Garage Dimensions (24x24)

Accessibility

Accessibility features: None

Features

Levels: Two

Lot

Size: 7,056 Square Feet
Dimensions: 132 x 33'5
Features: Tree Coverage - Medium

Details

Foundation area: 1007
Parcel number: 340060130
Zoning description: Residential-Multi-Family

Construction

Type & style

Home type: MultiFamily
Property subtype: Triplex

Materials

Frame
Roof: Asphalt

Condition

New construction: No
Year built: 1896

Utilities & green energy

Gas: Natural Gas
Sewer: City Sewer/Connected
Water: City Water/Connected

Community & HOA

Location

Region: Albert Lea

Financial & listing details

Price per square foot: $38/sqft
Annual tax amount: $1,986
Date on market: 9/26/2024
Cumulative days on market: 26 days
Tenant pays: Electricity

Price history

Date	Event	Price
10/31/2024	Sold	$114,000-18.5%$38/sqft
Source: NorthstarMLS as distributed by MLS GRID #6606605 Report a problem
10/22/2024	Pending sale	$139,900$46/sqft
Source: NorthstarMLS as distributed by MLS GRID #6606605 Report a problem
10/14/2024	Price change	$139,900-6.7%$46/sqft
Source: RASM #7036017 Report a problem
9/26/2024	Listed for sale	$149,900$50/sqft
Source: RASM #7036017 Report a problem