415 W College Street, Albert Lea, MN 56007

$59,000
6
BD
3
BA
2,515
SqFt

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Sold Price
$59,000
List Price
$79,900
Closing Date
Jan 14, 2026
MLS#
6742759
Status
CLOSED
Type
Multifamily
Style
(MF) Triplex
Bedrooms
6
Bathrooms
3
Living Area
2,515
Acres
8070
Subdivision
Cottage Place Add
Year Built
1890

Property Description

If you are looking for a multi-unit building and you have the ability to do the remodel yourself, this is a great opportunity. We gutted most of the kitchens and bathrooms in preparation for a remodel. The exterior has been recently painted and the roof doesn't leak. Additionally, the utilities are separate for each unit. There is a furnace in the basement ready to replace the old one that is there. There was a small water loss event in one unit a year ago or so and the plumbing would need to be repaired. This has the potential to have (3) 2 bedroom 1 bath units that could rent starting at $850/mo. each depending on how nice the remodel is. The agent is the owner so reach out with any questions. The property is a show and go so schedule through ShowingTime. PLEASE WATCH YOUR STEP IN UNIT 2 AS THE BATHROOM FLOOR HAS BEEN REMOVED IN PREPARATION FOR NEW FLOORING.

Additional Information

School District
Albert Lea
Tax Year
2025
Fuel
Natural Gas
Sewer
City Sewer/Connected
Heating
Forced Air
Water
City Water/Connected
Basement
Block

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Premier Realty.

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