2641 Lyndale Avenue S, Minneapolis, MN

$550,000

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4

Beds

4

Baths

2,652

Square feet

0.12

Acres

About 2641 Lyndale Avenue S

Four unit brick apartment building on the Lyndale corridor where Whittier meets the Wedge, a steady South Minneapolis rental pocket. Blocks to LynLake, the Midtown Greenway and Eat Street, minutes to Uptown, the lakes and downtown. Built in 1912, all one bedroom units, two per floor over a full basement, with off street parking in the rear. Six figures have gone into the mechanicals over the past five years, so the big ticket items are handled. New combination boiler and water heater in each unit (2024), updated electrical panels, gas and electric separately metered with no house meters, and water, sewer and trash billed back through RUBS, so the owner has low utility costs. On site laundry is owned, not leased, and currently free to tenants. Three units leased, one month to month, a fit for an owner occupant in one unit or an investor adding a stabilized, professionally managed building.

Features of 2641 Lyndale Avenue S

MLS® # 7060338
Price $550,000
Bedrooms 4
Bathrooms 4.00
Square Footage 2,652
Acres 0.12
Year Built 1912
Type Residential Income
Sub-Type Fourplex
Status Active

Community Information

Address 2641 Lyndale Avenue S
Area 84
Subdivision Hoblitts Add
City Minneapolis
County Hennepin
State MN
Zip Code 55408

Amenities

Amenities Laundry
Parking Parking Lot
Is Waterfront No
Has Pool No

Interior

Heating Boiler
Fireplace No

Exterior

Exterior Features Stone
Construction Brick

School Information

District Minneapolis

Additional Information

Days on Market 5
Foreclosure No
Short Sale No
Taxes $9,743

Listing Details

OfficeMRG Realty Partners, LLC

Listing Map

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