Address
2740 Lyndale Avenue S, Minneapolis, MN
Price
$ 924,900
Property Attributes
  • ID#6228983
  • TypeMulti-Family
  • CountyHENNEPIN
  • CityMinneapolis
  • AreaLowry Hill East
  • NeighborhoodLowry Hill East
  • Zip55408
  • StyleQuadruplex
  • Year Built1909
  • Taxes$ 12185
  • Price$ 924,900
  • Bedrooms2
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage2856
  • Lot Size4,792 SqFt
Data Source:
Northstar MLS (NSTAR)
Property Description

Great 4-plex in an awesome Uptown location! Surrounded by coffee shops, restaurants and only a short walk to the lakes. Each unit has 2 bedrooms, the building was completely remodeled less than 5 years ago: Roof, boilers, furnaces, electrical (all permits pulled). Easy to rent and self-manage. 4 separate boilers/furnaces keeps expenses low. 8 off-street parking spots!!! Unit #2 being held vacant for sale. All units easy to rent. Two large storage spaces with great ceiling height for potential additional units. Coin-operated laundry.

Price History
6/30/2022 Listed $949,900
8/15/2022 3% - $924,900

General Features

Accessibility None
Additional Parcels Y/N No
Association Amenities Deck, Other
Basement Full
City Minneapolis
Construction Materials Stucco
Contingency None
County Hennepin
Days on Market 39
Directions From Hennepin, Lake Street E to Lyndale N to property
Electric Expense 480
Fuel Expense 360
Grossincome 67200
Heating Forced Air, Hot Water
High School District Minneapolis
Insurance Expense 3500
Lender Owned No
Levels Two
Maintenanceexpense 1500
New Construction No
Operatingexpense 24025
Ownerpays Electricity, Fuel, Insurance, Grounds Care, Repairs, Snow Removal, Taxes, Water
Property SubType Quadruplex
Property Type Residential Income
Roof Age 8 Years or Less, Flat, Rubber
Sewer City Sewer/Connected
Standard Status Active
Street Name Lyndale
Subdivision Name Lowry Hill East
Tax Annual Amount 12185
Tax Year 2021
Tenant Pays Electricity, Fuel
Total Units 4
Trash Expense 1800
Water Sewer Expense 4200
Year Built 1909
Zoning Description Residential-Multi-Family

Interior Features

Above Grade Finished Area 2856
Fireplace Y/N No
Fuel Natural Gas
SQFT Above Ground Total 2856.0000
SQFT Below Ground Total 0.0000
SQFT Main Total 1428.0000
SQFT Total 2856.00
Street Suffix Avenue

Exterior Features

Living Area 2856
Foundationarea 1428
Lot Dimensions 40x119
Lot Size Area 0.11
Lot Size Units Acres
Parking Features Assigned, Paved
Road Frontage Type City Street
Road Responsibility Public Maintained Road
Water Source City Water/Connected

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 55408

Price
AVG $590K
$920K
Taxes
AVG $7,979
$12,185
Visits
AVG 55
59
Year Built
AVG 1906
1909
Walkscore
AVG 84
93
Data Provided by Walkscore ® not using MLS data

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