Property Listing
Description
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.
Property Information
Status: Active
Sub Type: ********
List Price: $550,000
MLS#: 7060338
Current Price: $550,000
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: 9742.94
Specials Inst: 0
High School: Minneapolis
Square Ft. Source:
Above Grade Finished Area: 2652
Below Grade Finished Area: 0
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: