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4628 Lyndale Avenue S Minneapolis (MN) 55419
List Price: $549,900 Closed Price: $564,000
StatusClosed Living Area2883 YR1923 School District1 DOM18

Public Remarks

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.

Quick Specifications

Price :
$549,900
Status :
Closed
Property Type :
Residential Income
Year Built :
1923
Approx. Sq. Ft :
2883
School District :
1
Taxes :
$ 7980
MLS# :
6075872

Interior Features

Total Finished Sq Ft :
4102.00
Above Ground Finished :
2883.00
Below Ground Finished :
1219.00
Foundation Size :
1219

Lot and Location

PostalCity :
Hennepin
Zip Code :
55419
Neighborhood :
Lynnhurst
Directions :
46th, west to Lyndale, south to property, located on the west side of the street
Complex/Development/Subd :
Lyndale Heights Add
Lot Description :
Tree Coverage - Light,Public Transit (w/in 6 blks)
Lot Dimensions :
40 x 124
Road Frontage :
City Street,Paved Streets,Curbs,Sidewalks,Street Lights,Storm Sewer
Zoning :
Residential-Multi-Family
School District :
1
School District Phone :
612-668-0000

Structural Features

Class :
Residential Income
Basement :
Full,Block
Exterior :
Stucco
Garage :
2
Accessibility Features :
None
Roof :
Asphalt,Pitched
Sewer :
City Sewer/Connected
Water :
City Water/Connected

Financial Considerations

DPResource :
Y
Foreclosure Status :
No
Lender Owned :
No
Potential Short Sale :
No
Latitude :
44.918649
MLS# :
6075872
Style :
Duplex Up and Down
Complex/Development/Subd :
Lyndale Heights Add
Tax Amount :
$ 7980
Tax With Assessments :
7980.00
Tax Year :
2021
 

Siegel Ritchie Group

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