Joe Sorenson Realty
Robert W Egan, Joe Sorenson RealtyPhone: (952) 221-0675
Email: rwegan@msn.com
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listing
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Residential IncomeFor Sale
$600,000
2641 Lyndale Avenue S
Minneapolis, MN 55408
Listing Office: MRG Realty Partners, LLC
MLS: Northstar MLS
2,652Sq Ft
Est. Mortgage
$3,197/mo

This cash-flowing 4-plex, situated on Lyndale Avenue between the Lowry Hill East and Whittier neighborhoods, offers an exceptional addition as a stabilized investment property thats been well managed. The property has undergone over $80,000+ of capital improvements in the past year, including four new high-efficiency boiler/water heater systems, electrical breakers, some new appliances, and preventative roof maintenance. Start charging for laundry and parking to further boost the bottom line & NOI. Tenants pay utilities including RUBS for Water Sewer Trash. Gas & Electric are separately metered and paid directly by tenants which keeps utility costs low for investors. With strong rental demand for its units, 2641 Lyndale represents a strong long-term investment for owner-occupants and investors alike. Connect with Nate for more detailed information & other off-market opportunities.

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