413 Hawthorne Street E, Albert Lea, MN 56007 (MLS# 7104190)
$229,900
Albert Lea, MN 56007
MLS# 7104190
4 beds | 3 baths | 3742 sqft
1 / 30
Property Description
Great investment opportunity with this duplex located near Northside Park and Hawthorne Elementary School. This property is located near two municipal parks, Fountain Lake, a pedestrian trail that extends around the majority of the lake, a public golf course and has a large backyard area. This duplex includes a shared double garage for each tenant, shared laundry facilities in the basement and separate electric meters for billing purposes. The water/ sewer and natural gas utilities are split between each tenant unit. Each level has newer separate forced air furnaces and air-conditioning for separate temperature control. The main level apartment has a three-season porch and the second level a private deck. Schedule your appointment today to tour this investment property.
Details
Maps
Contract Information
Status: Active
Contingency: None
Current Price: 229900
Original List Price: 229900
ListPrice: 229900
List Date: 2026-07-07
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Square Feet
Multiple PIDs?: No
Owner Occupied: No
Waterfront YN: No
Year Built: 1955
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bedrooms: 4
Baths Total: 3
Main Floor Total SqFt: 1386
Above Ground SqFt: 2356
Below Grd Total SqFt: 1386
Total SqFt: 3742
Foundation Size: 1386
Lot Size SqFt: 10332
Style: (MF) Duplex Up and Down
Total Finished Sqft: 2356.00
Garage Stalls: 2
Lot Dimensions: 84' X 123'
Assessment Pending: No
Location Tax and Other Information
House Number: 413
Street Name: Hawthorne
Street Suffix: Street
Street Direction Suffix: E
Postal City: Albert Lea
County: Freeborn
State: MN
Zip Code: 56007
Assessments
Assessment Balance: 70
Tax With Assessments: 2670
Basement
Foundation Dimensions: 34' X 44'
Building Information
Finished SqFt Above Ground: 2356
Income and Expenses
Annual Caretaker Expense: 1750
Annual Gross Expenses: 5287
Annual Gross Income: 21600
Annual Insurance Expense: 1300
Annual Maintenance Expense: 202
Annual Net Income: 16313
Annual Repair Expense: 189
Total Annual Expenses: 5287
Lease Details
Land Leased: Not Applicable
Lock Box Type
Lock Box Source: SEMR
Miscellaneous Information
DP Resource: Yes
Homestead: Yes
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Dimensions: 22 X 24
Garage Square Feet: 528
Unit 1
Furnished?: No
Leased?: Yes
Level: Main Level
Unit Number: 1
1/4 Baths: 1
Annual Rent: 10800
Finished SqFt: 1317
Full Baths: 1
Monthly Rent: 900
No. of Units Like This: 1
Total Baths: 2
Total Bedrooms: 2
Total Rooms: 6
Unit 2
Furnished?: No
Lease Expiration Date: 2027-05-07
Leased?: Yes
Level: 2nd Level
Unit Number: 2
Annual Rent: 10200
Finished SqFt: 1064
Full Baths: 1
Monthly Rent: 850
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 2
Total Rooms: 6
Unit Details
Total Units: 2
Property Features
Accessible: None
Amenities Shared: Common Laundry Facility
Assumable Loan: Not Assumable
Basement: Concrete Block; Unfinished
Construction Materials: Frame
Construction Status: Previously Owned
Electric: 100 Amp Service; Circuit Breakers
Existing Financing: Free and Clear
Exterior: Brick/Stone; Vinyl; Wood
Foundation: Concrete Block
Fuel: Natural Gas
Heating: Forced Air
Internet Options: Cable
Laundry: Electric Dryer Hookup; In Basement; Laundry Room; Lower Level; Washer Hookup
Lock Box Type: Supra
Lot Description: Tree Coverage - Medium
Owner Pays: HVAC Maintenance; Insurance; Management; Repairs; Taxes
Parking Characteristics: Driveway - Shared; Garage Door Opener
Pool Description: None
Road Frontage: City Street; Curbs; Paved Streets; Storm Sewer; Street Lights
Road Responsibility: Public Maintained Road
Roof: Age Over 8 Years; Architectural Shingle; Asphalt Shingles; Pitched
Sellers Terms: Cash; Conventional; VA
Sewer: City Sewer/Connected
Stories: One and One Half
Tenant Pays: All Utilities; Cable TV; Electricity; Gas; Heat; HVAC Maintenance; Lawn; Sewer; Snow Removal; Telephone; Trash Collection; Water
Topography: Level
Unit 1 Amenities: Countertops-Solid Surface; Open Floor Plan; Cable; Ceiling Fan(s); Ethernet Wired; Kitchen Window; Main Floor Primary Bedroom; Natural Woodwork; Porch; Washer/Dryer Hookup
Unit 1 Appliances: Cooktop; Dishwasher; Dryer; Exhaust Fan/Hood; Refrigerator; Wall Oven; Washer
Unit 1 Bath Description: Main Floor Full Bath; Other
Unit 1 Cooling: Central
Unit 1 Dining Room Description: Breakfast Area; Living/Dining Room
Unit 1 Special Search: All Living Fac. on One Level
Unit 2 Amenities: Countertops-Solid Surface; Cable; Ceiling Fan(s); Deck; Ethernet Wired; Kitchen Window; Natural Woodwork; Washer/Dryer Hookup
Unit 2 Appliances: Dryer; Exhaust Fan/Hood; Range; Refrigerator; Washer
Unit 2 Bath Description: Basement; Other; Upper Level Full Bath
Unit 2 Cooling: Central
Unit 2 Dining Room Description: Eat In Kitchen
Unit 2 Special Search: All Living Fac. on One Level
Water: City Water/Connected
Listing Office: Century 21 Atwood
Last Updated: July - 09 - 2026
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