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Active Lender Owned
$59,900
/mo Edit
Single Family:  1 Story
2 br • 1 ba • Built 1947
918 sqft • 0.132 acres
Albert Lea schools
MLS# 7109088
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    Property Description

    Bring your vision and tool belt to this classic 2-bedroom, 1-bath home, offering a fantastic opportunity for investors, flippers, or ambitious DIY enthusiasts. Step inside to find original hardwood flooring stretching across a highly functional main-floor layout, which conveniently houses both bedrooms and a full bathroom. The property also features a full, unfinished basement—perfect for future expansion or ample storage—alongside a low-maintenance aluminum exterior, a single-stall detached garage, and a concrete backyard patio ready for outdoor gatherings. Please note, this home is a true diamond in the rough and is being sold as-is; it currently lacks heat and running water, meaning only cash or conventional financing will qualify. If you are looking for a rewarding project with great bones and the chance to build sweat equity from the ground up, this is the one.

    Listing

    Contingency: None
    Price per sq ft: $65
    City: Albert Lea
    County: Freeborn
    State: MN
    Property Style: 1 Story
    Zip Code: 56007
    Subdivision Name: Christ Berthelsons Sub

    Interior

    Living Area: 918 ft2
    Common Wall: No
    Basement Details:
    • Block
    • Sump Basket
    • Unfinished

    Exterior

    Stories: One
    Garage Spaces: 1
    Garage Dimensions: 12x22
    Garage Size: 264 ft2
    Air Conditioning: None
    Foundation Size: 918 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Concrete
    • Detached Garage
    Unit Amenities: Hardwood Floors
    Road Frontage: City Street
    Roof Details: Asphalt

    Rooms

    1/4 Baths: None
    Full Baths: 1
    Half Baths: None
    3/4 Baths: None
    Bathroom Details: Main Floor Full Bath
    Main Level Size Sq Ft
    Bathroom  5 x 9  45 
    Bedroom  13 x 13  169 
    Kitchen  9 x 13  117 
    Living Room  12 x 19  228 
    Bedroom 2  10 x 13  130 

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.132
    Geolocation: 43.637853, -93.365266
    Lot Dimensions: 50 x 115
    Zoning: Residential-Single Family

    Schools

    School District: 241
    District Phone: 5073794800

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $1,266
    Lender-owned: Yes
    Assessment Pending: No
    Taxes w/ Assessments: $1,266
    Association Fee Required: No
    Association Fee: None

    Miscellaneous

    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Water System: City Water - In Street
    Power Company Name: Freeborn - Mower Cooperative Services

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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 Realty ONE Group Black Diamond.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.