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.
| MLS# | 4994616 |
|---|---|
| Sub-Type | Resale |
| Status | Active |
| Year | 1903 |
| Days On Site | 114 |
| SQ Feet | 5,610 |
|---|---|
| Story(s) | 1 |
| Units | 5 |
| Zoning | Business/Commercial |
| Date | Sales | Avg $ Per SqFt | Min Sale Price | Max Sale Price | Med Sale Price |
|---|---|---|---|---|---|
| Date: Nov 2018 | Sales: 1 | Avg $ Per SqFt: $182.01 | Min Sale Price: $209,670 | Max Sale Price: $209,670 | Med Sale Price: $209,670 |
| Date: Oct 2018 | Sales: 3 | Avg $ Per SqFt: $132.24 | Min Sale Price: $91,400 | Max Sale Price: $181,000 | Med Sale Price: $150,000 |
| Date: Aug 2018 | Sales: 6 | Avg $ Per SqFt: $106.52 | Min Sale Price: $130,000 | Max Sale Price: $303,000 | Med Sale Price: $198,125 |
| 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: 8 | Avg $ Per SqFt: $106.98 | Min Sale Price: $28,500 | Max Sale Price: $311,000 | Med Sale Price: $181,125 |
| Date: May 2018 | Sales: 4 | Avg $ Per SqFt: $65.67 | Min Sale Price: $75,000 | Max Sale Price: $340,000 | Med Sale Price: $265,000 |
| Date: Mar 2018 | Sales: 1 | Avg $ Per SqFt: $65.64 | Min Sale Price: $167,000 | Max Sale Price: $167,000 | Med Sale Price: $167,000 |
| Date: Feb 2018 | Sales: 1 | Avg $ Per SqFt: $119.16 | Min Sale Price: $370,000 | Max Sale Price: $370,000 | Med Sale Price: $370,000 |
| Nov 2018 | |
|---|---|
| Sales: | 1 |
| Avg $ Per SqFt: | $182.01 |
| Min Sale Price: | $209,670 |
| Max Sale Price: | $209,670 |
| Med Sale Price: | $209,670 |
| Oct 2018 | |
| Sales: | 3 |
| Avg $ Per SqFt: | $132.24 |
| Min Sale Price: | $91,400 |
| Max Sale Price: | $181,000 |
| Med Sale Price: | $150,000 |
| Aug 2018 | |
| Sales: | 6 |
| Avg $ Per SqFt: | $106.52 |
| Min Sale Price: | $130,000 |
| Max Sale Price: | $303,000 |
| Med Sale Price: | $198,125 |
| 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: | 8 |
| Avg $ Per SqFt: | $106.98 |
| Min Sale Price: | $28,500 |
| Max Sale Price: | $311,000 |
| Med Sale Price: | $181,125 |
| May 2018 | |
| Sales: | 4 |
| Avg $ Per SqFt: | $65.67 |
| Min Sale Price: | $75,000 |
| Max Sale Price: | $340,000 |
| Med Sale Price: | $265,000 |
| Mar 2018 | |
| Sales: | 1 |
| Avg $ Per SqFt: | $65.64 |
| Min Sale Price: | $167,000 |
| Max Sale Price: | $167,000 |
| Med Sale Price: | $167,000 |
| Feb 2018 | |
| Sales: | 1 |
| Avg $ Per SqFt: | $119.16 |
| Min Sale Price: | $370,000 |
| Max Sale Price: | $370,000 |
| Med Sale Price: | $370,000 |
Area Information | |
|---|---|
| State | MN |
| County | Stearns |
| City | Albany |
| Zip Code | 56307 |
| Area | Albany (MN) |
| Listing VS Median (in 56307) | |
Price: $289,500 low | high Med: $184,900 86.131260794473% of Average SqFt: 5,610 low | high Med: 1,897 100% of Average $ / SqFt: $52 low | high Med: $98 39.315332627779% of Average On Site: 114 low | high Med: 82.5 100% of Average | |
MLS Number: 4994616
