305 7th Ave E, Alexandria, MN 56308

Charming Updated Craftsman with Proven Rental Income & Owner's Suite – Prime Alexandria Location! Step into timeless character and modern comfort with this beautifully updated Craftsman home in the heart of Alexandria. Currently a successful investment property, the main floor (including the upper level) is an established Airbnb rental generating nearly $35,000 annually with 4 spacious bedrooms and 2 bathrooms. The lower-level owner's suite is a private haven featuring its own kitchen, bathroom, studio area, and a bedroom with an egress window—ideal for owner-occupants or potential for dual rental income. From the moment you arrive, the welcoming 3-season front porch invites you to relax with morning coffee or unwind after a long day. Inside, you'll find a thoughtful blend of original charm and fresh updates, including main floor laundry, a new shower, and a comfortable layout that balances space and simplicity. With five bedrooms, 2.5 bathrooms, and a warm, inviting atmosphere, this home suits a wide range of lifestyles. Out back, a finished and heated 30’ x 32’ three-stall garage offers ample room for vehicles, storage, or a workshop, while the private backyard provides the perfect touch of green space. Whether you're looking for an investment opportunity, a starter home with income potential, or a place to grow your family, this one checks all the boxes. Don’t miss out—schedule your showing today and experience everything this versatile home has to offer!