Albert Lea Homes with (MF) Duplex Up and Down Style

Albert Lea Homes with (MF) Duplex Up and Down Style

Located in Freeborn County, Minnesota, Albert Lea is a charming city that offers a wonderful place to call home. With its rich history, beautiful landscapes, and friendly community, Albert Lea has become a sought-after destination for those looking for a peaceful and welcoming environment.

The city of Albert Lea is known for its strong sense of community and its dedication to preserving its historical roots. The downtown area is filled with quaint shops, delicious restaurants, and picturesque architecture. Residents can enjoy strolling along the streets, taking in the sights and sounds of this vibrant city.

When it comes to real estate, Albert Lea offers a variety of housing options to suit different preferences and needs. One popular style of homes in the area is the Duplex Up and Down style, also known as (MF) Duplex. These homes are designed to provide separate living spaces on each level, making them ideal for multi-generational families or for those looking to generate rental income.

The Duplex Up and Down style homes in Albert Lea offer spacious layouts, with each unit typically featuring its own entrance, kitchen, living area, and bedrooms. This style of home provides flexibility and privacy for each unit, allowing residents to enjoy their own space while still being connected to their neighbors.

Whether you're looking for a place to settle down or an investment opportunity, the Duplex Up and Down style homes in Albert Lea are worth considering. With their convenient location, charming aesthetics, and potential for rental income, these homes offer a unique and attractive option for buyers. Explore the real estate market in Albert Lea and discover the perfect Duplex Up and Down style home for you.

Newest Albert Lea Homes with (MF) Duplex Up and Down Style

$119,900
4 Beds 2 Baths 7113049 MLS
Whether you're looking to expand your investment portfolio or purchase a property with the opportunity to offset your mortgage, this versatile up/down duplex offers exceptional potential! It’s conveniently located in Albert Lea, has Central AC, a detached double garage, replacement windows, and great income-producing potential! There is flexibility to continue as a duplex or easily convert it back into a spacious single-family home. The main level unit: • Offers comfortable living space! • Three bedrooms with generous closet space and built-in storage • Full bathroom • Spacious living room • Large kitchen featuring abundant cabinetry The upper-level unit: • One-bedroom with large closet • Large bright living room area with newer carpet • Full bathroom with ample storage • A kitchen that opens to a private deck overlooking the neighborhood—an inviting space to relax and unwind. Additional features for this property include hardwood floors and charming built-ins! Based on current market rents, the property offers an estimated rental income potential of $1,850+ per month, with the main level projected at $1,000+ per month and the upper level at approximately $850 per month. The property is currently vacant, allowing a new owner the opportunity to select tenants and establish market rents from day one. Affordable duplexes continue to see strong buyer demand in Albert Lea, making this an attractive opportunity for investors, owner-occupants, or buyers seeking a property with future flexibility and upside potential.

918 Jefferson Avenue, Albert Lea

Listing courtesy of HomeProz Real Estate.

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