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Description
Attention Investors: Income producing property with 100% occupancy & long term tenants with over $150,000 in updates since 2016. Three residential units and two commercial spaces with gross monthly income of $4000 but could increase. 3BR unit $1000, 2BR $1000, 1BR $650, two commercial units $800 & $550 a month. 3 stall garage, deck, patio, additional parking. 4 out of the 5 units renovated in 2016 including front of both buildings. Great location downtown in growing community.
Details
| MLS# | 4994616 |
|---|---|
| Sub-Type | Resale |
| Status | Active |
| Year | 1903 |
| Days On Site | 186 |
Features
| SQ Feet | 5,610 |
|---|---|
| Story(s) | 1 |
| Units | 5 |
| Zoning | Business/Commercial |
Market Activity 56307
| Date | Sales | Avg $ Per SqFt | Min Sale Price | Max Sale Price | Med Sale Price |
|---|---|---|---|---|---|
| Date: Jan 2019 | Sales: 28 | Avg $ Per SqFt: $88.12 | Min Sale Price: $28,500 | Max Sale Price: $370,000 | Med Sale Price: $168,500 |
| Date: Nov 2018 | Sales: 2 | Avg $ Per SqFt: $142.99 | Min Sale Price: $209,670 | Max Sale Price: $214,500 | Med Sale Price: $212,085 |
| Date: Oct 2018 | Sales: 5 | Avg $ Per SqFt: $114.99 | Min Sale Price: $91,400 | Max Sale Price: $191,500 | Med Sale Price: $150,000 |
| Date: Aug 2018 | Sales: 7 | Avg $ Per SqFt: $103.91 | Min Sale Price: $130,000 | Max Sale Price: $303,000 | Med Sale Price: $195,000 |
| Date: Jul 2018 | Sales: 6 | Avg $ Per SqFt: $115.43 | Min Sale Price: $82,000 | Max Sale Price: $387,000 | Med Sale Price: $144,500 |
| Date: Jun 2018 | Sales: 5 | Avg $ Per SqFt: $113.59 | Min Sale Price: $116,000 | Max Sale Price: $287,500 | Med Sale Price: $229,000 |
| Date: May 2018 | Sales: 3 | Avg $ Per SqFt: $56.36 | Min Sale Price: $75,000 | Max Sale Price: $265,000 | Med Sale Price: $186,000 |
| Jan 2019 | |
|---|---|
| Sales: | 28 |
| Avg $ Per SqFt: | $88.12 |
| Min Sale Price: | $28,500 |
| Max Sale Price: | $370,000 |
| Med Sale Price: | $168,500 |
| Nov 2018 | |
| Sales: | 2 |
| Avg $ Per SqFt: | $142.99 |
| Min Sale Price: | $209,670 |
| Max Sale Price: | $214,500 |
| Med Sale Price: | $212,085 |
| Oct 2018 | |
| Sales: | 5 |
| Avg $ Per SqFt: | $114.99 |
| Min Sale Price: | $91,400 |
| Max Sale Price: | $191,500 |
| Med Sale Price: | $150,000 |
| Aug 2018 | |
| Sales: | 7 |
| Avg $ Per SqFt: | $103.91 |
| Min Sale Price: | $130,000 |
| Max Sale Price: | $303,000 |
| Med Sale Price: | $195,000 |
| Jul 2018 | |
| Sales: | 6 |
| Avg $ Per SqFt: | $115.43 |
| Min Sale Price: | $82,000 |
| Max Sale Price: | $387,000 |
| Med Sale Price: | $144,500 |
| Jun 2018 | |
| Sales: | 5 |
| Avg $ Per SqFt: | $113.59 |
| Min Sale Price: | $116,000 |
| Max Sale Price: | $287,500 |
| Med Sale Price: | $229,000 |
| May 2018 | |
| Sales: | 3 |
| Avg $ Per SqFt: | $56.36 |
| Min Sale Price: | $75,000 |
| Max Sale Price: | $265,000 |
| Med Sale Price: | $186,000 |
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Area Information | |
|---|---|
| State | MN |
| County | Stearns |
| City | Albany |
| Zip Code | 56307 |
| Area | Albany (MN) |
| Listing VS Median (in 56307) | |
Price: $279,900 low | high Med: $174,750 87.566988210075% of Average SqFt: 5,610 low | high Med: 808 100% of Average $ / SqFt: $50 low | high Med: $54 41.71884695662% of Average On Site: 186 low | high Med: 79 100% of Average | |
Listing Updated: 02/20/2019
MLS Number: 4994616Listing Provided By:
Matthew Imdieke of Central MN Realty LLC
The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than this firm are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.
Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.
© 2018 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.
© 2018 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.