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Property view

415 W College Street, 
Albert Lea, MN 56007

$79,900


Bed


Bath


2,515

Sq Ft


Multi-Family

Coming Soon

Listed by

Lanier Pratt

Keller Williams Premier Realty

507-424-4422

Last updated:

June 20, 2025, 07:57 PM

MLS#

6742759

Source:

NSMLS

About This Home

415 W College Street

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.

Home Facts

Multi-Family

Built in 1890

Price Summary

79,900

$31 per Sq. Ft.

MLS #:

6742759

Last Updated:

June 20, 2025, 07:57 PM

Added:

3 day(s) ago


Rooms & Interior

Interior

Living Area:

2,515 Sq. Ft.


Structure

Structure

Building Area:

3,265 Sq. Ft.

Year Built:

1890


Lot

Lot Size (Sq. Ft):

8,276


Finances & Disclosures

Finances

Price:

$79,900

Price per Sq. Ft:

$31 per Sq. Ft.

Source:NSMLS
Data is deemed reliable but is not guaranteed accurate by the MLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.