407-409 Park Ave | Albert Lea, MN 56007
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407-409 Park Ave
Albert Lea, MN 56007
Park Ave Apartments · Multifamily Property For Sale
·
9 Units
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Cable Ready
- Fireplace
- Storage Space
- Tile Floors
- Refrigerator
- Range
- Tub/Shower
- Views
- Carpet
- Wi-Fi
- Built-In Bookshelves
- Dining Room
- Smoke Free
SITE AMENITIES
- 24 Hour Access
- Courtyard
- Laundry Facilities
- Gas Range
- Smoke Free
- Community-Wide WiFi
- Public Transportation
ABOUT 407-409 PARK AVE , ALBERT LEA, MN 56007
This well positioned and conveniently located property consists of nine units. This property is directly across the street from the Mayo Clinic , overlooking Fountain Lake. The buildings original use was the Department Of Nursing for the Mayo Clinic (Hence the building etching "DON"). Many past and present tenants are current or former employees of the Mayo Clinic. This boutique property offers heated garage parking and a ton of additional unit storage, a unique feature for a property this size.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 1 | $500.50 | - |
| 2+1 | 8 | $775.50 | - |
PROPERTY TAXES
| Parcel Number | 34.126.0110 | Improvements Assessment | $518,500 |
| Land Assessment | $22,300 | Total Assessment | $540,800 |
PROPERTY TAXES
Parcel Number
34.126.0110
Land Assessment
$22,300
Improvements Assessment
$518,500
Total Assessment
$540,800
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