1429 31 Spartan Avenue, Albert Lea, MN 56007

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront Present: No
Year Built: 1972
Yearly/Seasonal: Yearly
Main Floor Total SqFt: 1176
Above Ground SqFt: 1176
Below Grd Total SqFt: 1144
Total SqFt: 2320
Foundation Size: 1144
Style: (MF) Duplex Side X Side
Total Finished Sqft: 2276.00
Garage Stalls: 2
Lot Dimensions: 90x116
Acres: 0.23
Assessment Pending: No

Property Features

Accessible: None Basement: Egress Windows Construction Status: Previously Owned Exterior: Vinyl Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Lock Box Type: Supra Sellers Terms: Cash; Conventional Sewer: City Sewer/Connected Stories: One Water: City Water/Connected

Contract Information

Contingency: None
Original List Price: 279900
ListPrice: 259000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 1429 31
Street Name: Spartan
Street Suffix: Avenue
Postal City: Albert Lea
County: Freeborn
State: MN
Zip Code: 56007
Complex/Dev/Subdivision: Southgate Add

Assessments

Tax With Assessments: 3058
Assessment Balance: 0

Basement

Foundation Dimensions: 44x26
Egress Windows: Yes

More Information

Building Information

Finished SqFt Above Ground: 1176
Finished SqFt Below Ground: 1100

Income and Expenses

Annual Gross Expenses: 2500
Annual Gross Income: 30000
Annual Insurance Expense: 2500
Annual Maintenance Expense: 1500
Annual Repair Expense: 1500
Annual Trash Expense: 545
Annual Water/Sewer Expense: 1860
Total Annual Expenses: 2500
Annual Caretaker Expense: 0
Annual Electric Expense: 0
Annual Fuel Expense: 0

Lease Details

Land Leased: Not Applicable

Lock Box Type

Lock Box Source: SEMR
Supra: Yes

Miscellaneous Information

DP Resource: Yes
Homestead: No

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Dimensions: 25x14
Garage Square Feet: 350

Unit 1

Furnished?: No
Leased?: Yes
Unit Number: Yes
1/4 Baths: Yes
Annual Rent: 15000
Finished SqFt: 1138
Full Baths: Yes
Monthly Expense: 1250
Monthly Rent: 1250
No. of Units Like This: 2
Total Baths: 2
Total Bedrooms: 2
Total Rooms: 7

Unit Details

Total Units: 2

Office/Member Info

Association: SEMR

Location, Tax and Other Information

Legal Description: SOUTHGATE ADDITION LOT-003 BLOCK-005 LOT 3 & N 25 FT OF LOT 2 BLK 5 SOUTHGATE ADDITION
Listing City: Albert Lea
Map Page: 999
Municipality: Albert Lea
School District: Albert Lea
School District Phone: 507-379-4800
Zip Plus 4: 243
Property ID Number: 340860820
Tax Year: 2025
Tax Amount: 2922
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Schedule your showing today for this well-maintained duplex. Each unit features 2 bedrooms and 2 bathrooms, spacious living areas with a nice deck off the kitchen. One unit has been recently updated with all new flooring throughout. The other unit has been updated and well maintained. Each unit also included a nice storage shed out back.
Directions: South on I-35, take exit 8 onto highway 65, left on s Broadway ave, right on W ninth st. turn right onto Spartan Ave.

Accessible

None: Yes

Construction Status

Previously Owned: Yes

Exterior

Vinyl: Yes

Foundation

Concrete Block: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Sellers Terms

Cash: Yes
Conventional: Yes

Sewer

City Sewer/Connected: Yes

Stories

One: Yes

Water

City Water/Connected: Yes