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Active NEW!
$87,900
/mo Edit
Commercial:  2 Stories
Built 1900
0.19 acres
Albert Lea schools
MLS# 6756197
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    Property Description

    This property is a great investment opportunity. The building houses the Twin Lakes Postal Office and two apartments. The postal service has a 5 year lease with the owner. There are two apartments, one with 2 bedrooms, bath, and kitchen, and the other three bedrooms, bath, kitchen, and screened in porch. The 3 bedroom apartment currently has a renter. The other apartment is vacant. One apartment has a screened in porch plus a single car garage and beautiful large backyard. Come and view this great investment property today.

    Listing

    Contingency: None
    City: Twin Lakes
    County: Freeborn
    State: MN
    Property Style: 2 Stories
    Zip Code: 56089

    Interior

    Appliances Included:
    • Dishwasher
    • Dryer
    • Gas Water Heater
    • Microwave
    • Range
    • Refrigerator
    • Washer
    Basement Details: Block

    Exterior

    Stories: Two
    Garage Spaces: 1
    Garage Dimensions: 18 x 12
    Garage Size: 216 ft2
    Other Parking Spaces: 1
    Air Conditioning: Window Unit(s)
    Foundation Size: 560 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Detached
    • Gravel
    • Tuckunder Garage
    Unit Amenities: Porch
    Exterior Material: Steel Siding

    Lot & Land

    Acres: 0.19
    Geolocation: 43.5601743297, -93.423788
    Inclusions: Building, Business
    Lot Dimensions: 54 x 150
    Zoning: Residential-Multi-Family

    Schools

    School District: 241
    District Phone: 507-379-4800

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $212
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $330

    Income

    Annual Gross Income: $9,984

    Units

    Total Units: 3

    Miscellaneous

    Current Use:
    • Professional/Office
    • Residential
    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Separate
    • Heating Separate
    • Hot Water Common
    Water System: City Water/Connected

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    Payment:  /mo

    Listing provided by RMLS, courtesy of Century 21 Atwood.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.