3407 Lyndale Avenue S Minneapolis, MN 55408

$1,050,000
Active
 |  MLS # 6439428
Active
  • Front of 5plex
    Front of 5plex
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    Unit 1 - Main Level
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    Unit 2 - Main Level
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  • Unit 4 - Upper Level
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  • Unit 5 - Lower Level
    Unit 5 - Lower Level
  • 3407 Lyndale Avenue S, Minneapolis, MN 55408 Listing Photo  8
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  • Parking & Garage
    Parking & Garage
  • Lower Level Shared Laundry Room
    Lower Level Shared Laundry Room

About The Listing

Beautiful, extensively remodeled apartment building with 5 units, 2 car garage, and parking spots.  Kitchens remodeled with new cabinets, new appliances, new countertops, and laundry.  Floors refinished throughout, walls painted, new plumbing and electrical.  Washer and dryer in some units, laundry roughed in for another unit, and shared laundry in the basement for tenants as well.  Some new windows, some new doors, and some new tile in bathrooms.  Owner was planning to hold on to this property indefinitely, therefore, he upgraded plumbing, electrical, and other items not seen being the walls to ensure it's a wonderful rental property into the future.  Seller only selling due to a recent new business opportunity.  4 units have 2 bedrooms and 1 bathroom.  1 unit, unit 5 in the basement, has 3 bedrooms and 2 bathrooms.  4 units with month-to-month leases with 60 days notice necessary.  Unit 2 is recently vacated with easy showing.  Storage lockers in the basement for tenants to use.


Listing courtesy of Ryan Fischer, RE/MAX Results
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Property Details

Features

 
 
 
Property Type: Commercial
Status: Active
Contingency Type: None
Year Built: 1925
MLS #: 6439428
Garage Spaces: 2
Parking Description: Detached, Asphalt, Parking Lot, Paved, Unassigned
Sewer Description: City Sewer/Connected
Air Conditioning Type: Window Unit(s)
Water: City Water/Connected
Heat Type: Boiler, Radiator(s)
Basement: Egress Window(s), Finished, Full, Storage/Locker, Storage Space
Construction Description: Stucco
Roof Description: Flat, Rubber
Days On Market (Continuous): 95
Disability Features: None
Latest Update: 03/18/2024
List Date: 12/14/2023
Listing Agent ID: 502041718
Listing Office: RE/MAX Results
Listing Office ID: 5353
Data Source: NorthstarMLS - The Regional MLS of Minnesota
Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Lot Dimensions: 45x121
Lot Size: 0.13 Acres
Lot Features: Public Transit (w/in 6 blks), Tree Coverage - Light
School District: Minneapolis
Tax Year: 2023
Estimated Taxes: $11,577
Contingency Type: None
City: Minneapolis
Zip: 55408
County: Hennepin
Subdivision: Bakers Add
State: MN
Listing last updated: 03/18/24

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