Property Listing
Description
This cash-flowing 4-plex, situated on Lyndale Avenue between the Lowry Hill East and Whittier neighborhoods, offers an exceptional addition as a stabilized investment property thats been well managed. The property has undergone over $80,000+ of capital improvements in the past year, including four new high-efficiency boiler/water heater systems, electrical breakers, some new appliances, and preventative roof maintenance. Start charging for laundry and parking to further boost the bottom line & NOI. Tenants pay utilities including RUBS for Water Sewer Trash. Gas & Electric are separately metered and paid directly by tenants which keeps utility costs low for investors. With strong rental demand for its units, 2641 Lyndale represents a strong long-term investment for owner-occupants and investors alike. Connect with Nate for more detailed information & other off-market opportunities.
Property Information
Status: Active
Sub Type: ********
List Price: $600,000
MLS#: 6631730
Current Price: $600,000
Address: 2641 Lyndale Avenue S, Minneapolis, MN 55408
City: Minneapolis
State: MN
Postal Code: 55408
Geo Lat: 44.954134
Geo Lon: -93.287632
Subdivision: Hoblitts Add
County: Hennepin
Property Description
Year Built: 1912
Lot Size SqFt: 5227.2
Gen Tax: 8924
Specials Inst: 0
High School: ********
Square Ft. Source:
Above Grade Finished Area:
Below Grade Finished Area:
Below Grade Unfinished Area:
Total SqFt.: 3978
Style: Array
Total Bedrooms: 4
Total Bathrooms: 4
Total Full Baths:
Garage Type:
Garage Stalls: 0
Waterfront:
Property Features
Exterior:
Roof:
Foundation:
Lot Feat/Fld Plain:
Interior Amenities:
Inclusions: ********
Exterior Amenities:
Heat System:
Air Conditioning:
Utilities: