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525 W Main Street, Albert Lea, MN 56007

Local realty services provided by:CENTURY 21 FM Realty
525 W Main Street,Albert Lea, MN 56007
$275,000
  • 6 Beds
  • 4 Baths
  • 3,894 sq. ft.
  • Multi-family
  • Pending
Listed by: robert j. hoffman, angie hoffman
Office: robert hoffman realty inc.
MLS#:7009918
Source:ND_FMAAR

Price summary

  • Price:$275,000
  • Price per sq. ft.:$70.62

About this home

Amazing income property that is basically brand new. A fire across the street led to hundreds of thousands of dollars in repairs (far more than the property is being sold for.) The lot acrtoss the street where the fire was is a City Owned lot now. Thius property is right on the new sharded user path the County is developing. This property has 4 units. A huge 3 bedroom apartment on the upper level with a nice new deck out front, 2 one bedrooms units on the main level each with their own private decks and a deteched studio apartment with an attached garage. All for less than $69k a door. The repairs after the fire across the street made the property perfect. The new park and bike path across the street will make the location pretty amazing!

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Home facts

  • Year built:1940
  • Listing ID #:7009918
  • Added:9 day(s) ago
  • Updated:January 27, 2026 at 01:59 AM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:4
  • Living area:3,894 sq. ft.

Structure and exterior

  • Year built:1940
  • Building area:3,894 sq. ft.
  • Lot area:0.16 Acres

Utilities

  • Water:City Water/Connected
  • Sewer:City Sewer/Connected

Finances and disclosures

  • Price:$275,000
  • Price per sq. ft.:$70.62
  • Tax amount:$2,144

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