115 N Newton Ave, Albert Lea, MN

Condo

For Sale

Listed price in listed location currency (USD).

$259,900

000

MLS® 6816926

Key Facts
Description
Map

Key Facts

Type Apartment

Levels Residential Income

Size 3496 sqft

Garage No

Maintenance Fees

Taxes $2,128

Days Active 23

Approx. Age 1920

Avg. Price Per Sqft $74

MLS® Number 6816926

Property Address: 115 N Newton Ave, Albert Lea, MN, 56007-2431

Average square foot calculated using Size range provided by listing agent.

Description

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! O Run your business on the main level and live upstairs, o OR operate commercial spaces on both floors, o OR lease out as two separate income-producing units! • Not eligible for traditional home mortgages – must be financed as a commercial loan (but the ROI makes it worth every penny!). Completely Renovated, Top to Bottom Step inside and fall in love with this modern masterpiece, featuring: • 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! That’s right—this property comes fully furnished with chic living room, dining, and bedroom sets, plus gaming and recreation equipment (ping pong, foosball, basketball hoop game, air hockey & more!). 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 (utilities, internet, garbage—all in!). That’s serious cash flow from day one. Unbeatable Location & Lifestyle Wake up every morning to gorgeous Fountain Lake views from every window, and step outside to a lifestyle that’s pure Minnesota magic: • 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 — including the Marion Ross Theatre, local pubs, cafés, the public library, and more! And despite the location this building is shockingly private and unbelievably QUIET with the acoustic tiles! You don’t hear a thing! Turn-Key, Move-In Ready Whether you’re ready to launch your next business, start earning passive income, or live in luxury while your property pays for itself, 115 Newton N Avenue delivers. Modern. Profitable. Perfectly Located. Your next great investment—and your best lifestyle—start right here.

MLS® Number6816926

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry Level

Exposure

Exterior

GarageNo

Approx. Age1920

Stories

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/C

Heating Fuel

Extras

Similar Listings

Price History

-End Date

Not Sold YetSold Price

For Sale

Nov 12, 2025List Date

$259,900List Price

Commute

Commute

Starting Address

Destination Address

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