$564,000
$549,900
2.6%For more information regarding the value of a property, please contact us for a free consultation.
4628 Lyndale AVE S Minneapolis, MN 55419
2,883 SqFt
Key Details
Sold Price $564,000
Property Type Multi-Family
Sub Type Duplex Up and Down
Listing Status Sold
Purchase Type For Sale
Square Footage 2,883 sqft
Price per Sqft $195
Subdivision Lyndale Heights Add
MLS Listing ID 6075872
Sold Date 09/28/21
Year Built 1923
Annual Tax Amount $7,980
Tax Year 2021
Contingent None
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 40 x 124
Property Description
Outstanding duplex opportunity with easy potential for 3rd unit. Property is currently used for investment purposes but has previously been a great own-occupant building. Bright and fresh units, each
with fireplace and traditional layout (stacked). Second floor unit has large expansion room above that tenants have used as office or family room space prior. Lower level has previous non-conforming unit
that has easy path to being a 3rd unit with 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. Main floor unit only available for second showings and will require proper notice. Stucco freshly painted...driveway recently replaced.
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Rooms
Basement Block, Full
Interior
Heating Boiler, Hot Water
Fireplace No
Exterior
Parking Features Detached, Asphalt
Garage Spaces 2.0
Fence None
Roof Type Asphalt,Pitched
Building
Lot Description Public Transit (w/in 6 blks), Tree Coverage - Light
Story More Than 2 Stories
Foundation 1219
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories More Than 2 Stories
Structure Type Stucco
New Construction false
Schools
School District Minneapolis
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