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Property view

271 Main STREET NW, 
New Albin, IA 52160

$300,000


Bed


Bath


5,000

Sq Ft


Multi-Family

Sold

Listed by

Garrick Olerud

Nexthome Prime Real Estate

608-396-6789

MLS#

1920544

Source:

Metro MLS

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About This Home

271 Main STREET NW

Great investment opportunity in the heart of New Albin! With the only public laundromat in town, this property offers onsite laundry for the tenants as well as additional income potential from the local community. This well-maintained 5-plex features four 2-bedroom, 1-bath units and one spacious 3-bedroom, 1-bath unit, offering solid rental income potential. Each unit provides comfortable living spaces with functional layouts, and the property has a strong rental history. Whether you're looking to expand your portfolio or start investing, this multi-family property is a smart choice with room for continued growth. Current rental income of $3,300/month.

Home Facts

Multi-Family

Built in 1920

Price Summary

330,000

$66 per Sq. Ft.

MLS #:

1920544

Sold:

August 22, 2025


Rooms & Interior

Interior

Living Area:

5,000 Sq. Ft.


Structure

Structure

Building Area:

5,000 Sq. Ft.

Year Built:

1920


Lot

Lot Size (Sq. Ft):

9,147


Finances & Disclosures

Finances

Price:

$330,000

Price per Sq. Ft:

$66 per Sq. Ft.

Source:Metro MLS
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