2641 Lyndale Avenue S Minneapolis, MN 55408

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. Continue reading