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Active
$86,400
/mo Edit
Commercial:  2 Stories
Built 1936
0.069 acres
MLS# 7042044
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    Property Description

    In the heart of downtown Alden, this large 2 story building offers office space and 3 apartments. Newer roof and furnace. Appliances included. All apartments rented. Let the tenant pay your montly mortgage!

    Listing

    Contingency: None
    City: Alden
    County: Freeborn
    State: MN
    Property Style: 2 Stories
    Zip Code: 56009

    Interior

    Refrigerators: Three
    Appliances Included:
    • Gas Water Heater
    • Range
    • Refrigerator
    Basement Details: Unfinished

    Exterior

    Stories: Two
    Garage Spaces: 0
    Foundation Size: 2,400 ft2
    Fencing: None
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Baseboard
    Parking Features: Parking Lot
    Road Frontage:
    • City Street
    • Paved Streets
    Exterior Material: Frame
    Roof Details: Age 8 Years or Less

    Lot & Land

    Acres: 0.069
    Geolocation: 43.671223, -93.575944
    Inclusions: Building, Fixture/Equipment
    Lot Dimensions: 25 x 120
    Addl Parcels: 2025
    Zoning: Business/Commercial
    Lot Description: Irregular Lot

    Schools

    School District: 1143
    District Phone: 5078743240

    Expenses

    Tenant Expenses: Telephone, Trash Collection

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $1,366
    Lender-owned: No
    Assessment Pending: Yes
    Taxes w/ Assessments: $1,366

    Income

    Annual Gross Income: $35,400

    Units

    Total Units: 3

    Miscellaneous

    Current Use: Retail
    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Available Utilities: Hot Water Separate
    Water System: City Water/Connected

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    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Sterling Real Estate.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.