Description
Great investment opportunity in the heart of new albin! with the only public laundromat in town, this property offers onsite laundry for the tenants as well as additional income potential from the local community. this well-maintained 5-plex features four 2-bedroom, 1-bath units and one spacious 3-bedroom, 1-bath unit, offering solid rental income potential. each unit provides comfortable living spaces with functional layouts, and the property has a strong rental history. whether you're looking to expand your portfolio or start investing, this multi-family property is a smart choice with room for continued growth. current rental income of $3,300/month.
Property Type
Multi FamilyCounty
Out of StateStyle
Apartment BuildingAD ID
50053610
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Property Details
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Exterior Features
Building Information
- Year Built: 1920
Other Information
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Property / Lot Details
Property Information
- Est. Acreage: 0
- City: New Albin
- County: Out of State
- Direction: From La Crescent, MN head south on great River Rd; turn Left onto MN-26 S Follow Great River road into New Albin, turn Left on Oak St, cross tracks then left on Main St. Building on Left
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Listing Information
Listing Price Information
- Original List Price: $330,000
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Taxes / Assessments
Tax Information
- Annual Tax: $3,668
- Tax Year: 2023
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School, Utilities & Location Details
School Information
- School District: Eastern Allamakee - Iowa
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BuyOwner last updated this listing 06/30/2025 @ 23:50
- MLS: 1920544
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: Wisconsin - Metro MLS
is a Multifamily, with 0 bedrooms which is for sale, it has 751-1000 sqft, 0 sized lot, and Outdoor Space parking. are nearby neighborhoods.