715 S 1st Avenue, Albert Lea, MN 56007

New Listing
$59,999
Property Type: Residential Bedrooms: 1 Baths: 1 Square Footage: 1,150 Lot Size (sq. ft.): 4,792 Status: Active
Current Price: $59,999 List Date: 10/08/2025 Last Modified: 10/09/2025

Description

Investor Special – 1 Bedroom Home on a Huge Lot Near Downtown Albert Lea! Attention investors and savvy buyers! Don’t miss this opportunity to own a 1 bedroom, 1 bathroom home just minutes from downtown Albert Lea – offering convenience, charm, and serious upside potential. This property features: Spacious detached garage Large lot – perfect for expansion, or redevelopment Alley access – ideal for additional parking or future improvements Prime location near downtown shops, dining, and lake access Quiet neighborhood with lots of potential Solid bones – ready for your vision! Whether you're looking to renovate, rent, flip, or build, this is the affordable investment opportunity you’ve been waiting for. Priced to sell – must see in person to truly appreciate the possibilities! Schedule your showing today! Property is sold as is.

More Information MLS# 6801512

Contract Information

Owner is an Agent?: No Auction?: No Status: Active Contingency: None Current Price: $59,999 Original List Price: 59999 ListPrice: 59999 List Date: 2025-10-08

Office/Member Info

Association: SEMR

General Property Information

Common Wall: No Lot Measurement: Acres Manufactured Home?: No Multiple PIDs?: No New Development: No Number of Fireplaces: 1 Year Built: 1940 Yearly/Seasonal: Yearly Zoning: Residential-Single Family Lot Dimensions: 40x125 Acres: 0.11 Bath Three Quarters: 0 Bath Half: 0 Bath Quarter: 0 Main Floor Total SqFt: 629 Above Grd Total SqFt: 629 Below Grd Total SqFt: 521 Total Finished Sqft: 629.00 FireplaceYN: Yes Foundation Size: 521 Style: (SF) Single Family Garage Stalls: 1 Association Fee: 0 Bedrooms: 1 Baths Total: 1 Bath Full: 1 Total SqFt: 1150

Location, Tax and Other Information

AssocFeeYN: No Legal Description: BELMONT ADDITION N 40 FT S 240 FT LOT G & N 40 FT S 240 FT LOT 15 BLK 3 BELMONT ADDITION Listing City: Albert Lea Map Page: 999 Municipality: Albert Lea School District Phone: 507-379-4800 Zip Plus 4: 1908 Property ID Number: 340640660 Tax Year: 2025 Tax Amount: 600 In Foreclosure?: No Potential Short Sale?: No Lender Owned?: No

Directions & Remarks

Public Remarks: Investor Special – 1 Bedroom Home on a Huge Lot Near Downtown Albert Lea! Attention investors and savvy buyers! Don’t miss this opportunity to own a 1 bedroom, 1 bathroom home just minutes from downtown Albert Lea – offering convenience, charm, and serious upside potential. This property features: Spacious detached garage Large lot – perfect for expansion, or redevelopment Alley access – ideal for additional parking or future improvements Prime location near downtown shops, dining, and lake access Quiet neighborhood with lots of potential Solid bones – ready for your vision! Whether you're looking to renovate, rent, flip, or build, this is the affordable investment opportunity you’ve been waiting for. Priced to sell – must see in person to truly appreciate the possibilities! Schedule your showing today! Property is sold as is. Directions: from front street so south on 1st ave and house in on the left in the first block

Accessible

None: 1

Air Conditioning

None: 1

Assessments

Assessment Balance: 0 Assessment Installment: 68 Tax With Assessments: 668

Basement

Concrete Block: 1

Bath Description

Main Floor Full Bath: 1

Building Information

Finished SqFt Above Ground: 629

Construction Status

Previously Owned: 1

Exterior

Vinyl: 1

Foundation

Concrete Block: 1

Fuel

Natural Gas: 1

Heating

Radiant: 1

Insurance Fee

Insurance Fee: 0

Lease Details

Land Leased: Not Applicable

Lock Box Type

Lock Box Source: SEMR Supra: 1

Miscellaneous Information

DP Resource: Yes Homestead: No

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Square Feet: 240

Roof

Age Over 8 Years: 1

Sewer

City Sewer/Connected: 1

Stories

One: 1

Water

City Water/Connected: 1

Location Tax and Other Information

House Number: 715 Street Direction Prefix: S Street Name: 1st Street Suffix: Avenue Postal City: Albert Lea County: Freeborn State: MN Zip Code: 56007 Complex/Dev/Subdivision: Belmont Add

Property Features

Accessible: None Air Conditioning: None Basement: Concrete Block Bath Description: Main Floor Full Bath Construction Status: Previously Owned Exterior: Vinyl Foundation: Concrete Block Fuel: Natural Gas Heating: Radiant Lock Box Type: Supra Roof: Age Over 8 Years Sewer: City Sewer/Connected Stories: One Water: City Water/Connected

Room Information

First (1st) Bedroom Level: Main Kitchen Level: Main
Listing Office: Coldwell Banker River Valley, REALTORS
Last Updated: October - 09 - 2025
715 S 1st Avenue, Albert Lea, MN 56007- MLS# 6801512
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.