Home Active Under Contract near Fountain Lake

Exceptional 4 Bedroom 2 Bath Side by Side Duplex located near Fountain Lake and the Albert Lea Mayo Medical Center. This property has been rented continuously with a solid rental history on the 508 unit and was once an . Significant remodeling occurred in the property since it was purchased including new kitchen, bathroom, paint and flooring. The property is licensed through the city and the rent is $1200/month with the tenants paying their own utilities. The tenant's lease expires 5/31/26 and they have indicated they will not be renewing. You can place your own tenants or live in the 508 unit and remodel/rent out the 512 unit. The 512 unit needs to be completed although there has been work done in the unit to get it ready for the next renter (see disclosure form). AGENT IS ALSO AN OWNER.

Property Details

  • Beds: 4
  • Baths: 0.0
  • Sq Feet: 2560
  • Year Built: 1883
  • Location: Fountain Lake
  • Acres: 0.074
  • County: Freeborn County
  • Community: Rodli & Hises Sub
  • Heat/AC: Forced Air
  • Garage: Garage, Garage - Attached
  • Roof:
  • Property Taxes: $1,800
  • MLS #: 7023425

Location

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Contact Information:

Contact Agent
Listing Agent: Lanier Pratt, Keller Williams Premier Realty Rochester, 507-473-0390, 507-424-4422 Listing Site, Listing Status: Active Under Contract
Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Ad Statistics:

Lake Home Active Under Contract in Albert Lea, Minnesota
Ad Number : 7452736
Viewed: 3 times
Added: Mar 04, 2026
Updated on: Mar 04, 2026
All information provided is deemed reliable but is not guaranteed and should be independently verified.