2641 Lyndale Avenue S, Minneapolis, MN 55408
Status: For Sale
$535,000
$15,000 from List PriceWELCOME HOME
Get to know this property.
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.
The details that matter.
A closer look at the location.
94 to Lyndale Ave S, the property will be on your left / East side of the street just south of Aldi.
This listing has been entered by the following office: MRG Realty Partners, LLC
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