$1,340,000
$1,445,000
7.3%For more information regarding the value of a property, please contact us for a free consultation.
2424 Lyndale AVE S Minneapolis, MN 55405
7,328 SqFt
Key Details
Sold Price $1,340,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 7,328 sqft
Price per Sqft $182
Subdivision Lyndale Ave Add
MLS Listing ID 6493089
Sold Date 08/23/24
Year Built 2016
Annual Tax Amount $20,866
Tax Year 2024
Contingent None
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 45x118
Property Description
Fabulous multi-level 4 units built in 2016 in the heart of Uptown! Each unit boasts high ceilings, open concept main level with large kitchen, SS appliances, granite counters and breakfast bar, in-unit laundry and separate utilities and mechanicals!
*Unit 1 (3BR/2.5 baths) rents at $2220/mo and is now leased 5/1/24-4/29/25.
*Unit 2 (4BR/4.5BA) rents at $3710/mo and is leased through 8/31/24.
*Unit 3 (3BR/2.5BA) rents @ $2470/mo and is leased through 6/29/25.
*Unit 4 (4BR/4.5BA) was rented @ $3275/mo and is now vacant.
Total yearly gross rents is: $140,100.
Owner pays and maintains the water/trash bill and charges back the tenants monthly.
Units 1 and 3 enjoy a large porch and Units 2 and 4 enjoy a rooftop deck!
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Rooms
Basement Block, Egress Window(s), Finished, Full
Interior
Heating Forced Air
Fireplace No
Exterior
Parking Features Assigned, Detached, Asphalt, Open
Garage Spaces 1.0
Roof Type Age 8 Years or Less,Asphalt
Building
Lot Description Public Transit (w/in 6 blks), Tree Coverage - Light
Story More Than 2 Stories
Foundation 1518
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories More Than 2 Stories
Structure Type Fiber Cement
New Construction false
Schools
School District Minneapolis
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