115 N Newton Ave, Albert Lea, MN 56007
Property Details
- Bedrooms 3
- Bathrooms 2
- Square Feet 3,496
- Year Built 1920
Description
Turn Key - Move In Ready!! Modern luxury meets unbeatable location.
Welcome to 115 Newton N Avenue, where modern luxury meets unbeatable location! Whether you’re looking for an investment property with outstanding ROI, a turn-key Airbnb, long term lease property, or a stylish live/work setup, this stunning, fully renovated gem has it all!
Prime Features & Flexibility:
– Brand-new off-street parking lot with 24-hour parking – a rare find downtown!
– Zoned for both commercial and residential use – endless possibilities!
– Run your business on the main level and live upstairs, OR operate commercial spaces on both floors, OR lease out as two separate income-producing units!
Completely Renovated, Top to Bottom:
– Gorgeous hardwood flooring throughout entire main level
– Stainless steel appliances
– Stylish sliding barn door
– Beautiful tiled bathroom with glass shower
– All new windows, newer roof and Central Air
Everything you see stays! This property comes fully furnished with chic living room, dining, and bedroom sets, plus gaming and recreation equipment.
Smart Investment, Strong Returns:
With Airbnb or long-term leasing, projected income exceeds $30,000+ per year with only $8,000/year in total expenses.
Unbeatable Location & Lifestyle:
Wake up every morning to gorgeous Fountain Lake views from every window. Just steps to the lake for walking, biking, or jogging. A short stroll to Fountain Lake Pavilion for live music and community events. Walk to Downtown Albert Lea’s revitalized core with endless dining, shopping, fitness, and entertainment options.
Features & Amenities
- Central Air
- Hardwood Floors
- New Windows
- Lake Access