4628 Lyndale Ave. S. Lynnhurst,Minneapolis

$549,900
Property type:Multi-family
Area (Sq Ft)
2883
Bedrooms
4
Bathrooms
2
Garages
2

The space

  • Land Size: .11 Sq Ft
  • Year Built: 1923
  • Total Bedrooms: 4
  • Total Bathrooms: 2
  • Total Square Feet: 2,883
  • Above Ground Square Feet: 2,883
  • Below Ground Square Feet: 0
  • Lot Size: 40 x 124; .11 acres
  • Taxes: $7,980
  • Heating/Cooling: Hot water boiler; Gas
  • Garages: 2
  • Fireplaces: 2
  • School District: 1 - Minneapolis
  • Year Built: 1923

Amenities

  • Fireplace
  • Hardwood Floors

Description

An outstanding duplex opportunity with easy potential for a 3rd unit. This property is currently used for investment purposes but has previously been a great owner-occupant building. Bright and fresh units, each with a fireplace and traditional layout (stacked). The second floor unit has a large expansion room above that tenants have used as an office or family room space prior. Lower level has a previous non-conforming unit that has an easy path to being a 3rd unit with the new 2040 zoning changes…has kitchen and bath in place. Strong rental history with easy to rent units. Second floor tenant does lawn and snow as rental offset. Leases are month to month with 60 day notice. Tenants have indicated interest in staying. The stucco is freshly painted and the driveway was recently replaced.

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