Property Listing No Longer Available for Sale

331 Railroad Avenue, Albany, MN

Others for Sale - $314,900 - 7,500 Sq. Ft. on 0.16 acres


Property Info

CIMLS#1023577
Location
  331 Railroad Avenue
  Albany MN 56307
UpdatedNovember 17th, 2018
TypeOthers
Price$314,900
Building7,500 Sq. Ft.
Land0.16 acres

Property Description

Commercial / Multi-Family Property in Albany with a total of 8 Units (6 Apartments and 2 Commercial Spaces). Updates over 20 years of ownership include: Back up furnaces in units, Replaced copper pipe in bsmt, New windows & doors, Stucco added to E side of bldg, New steel siding on N side, Keyless locks for apartments & entries, New storefront doors & windows, All apartment cabinets & appliances, Replaced showers, Added suspended ceiling & light fixtures in most units, Air conditioners in all units and commercial space, Awning added in back with lights, Roof, Water softener, Water heater and more! The two commercial units have central air and forced air heat and tenant pays electric and gas. The upstairs apartments have window air conditioning units and hot water heat and tenants only pay electric, not heat. East side commercial unit has new air conditioner. West side commercial unit has new furnace.


Financials



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