Numerous opportunities here. Currently used as a rental home, this property has been utilized for small business offices and as well as for a single family home. Legally 4 bedrooms and used as that for rental, the main level bedroom functions well as a main level family room space. There is development opportunity here as well. Zoned as Corridor-6(2040 plan zoning) infill site, the site offers 3x lot size base FAR (Floor area ratio before add-ons) ability and max 6-stories height. As referenced, the current structure is a residential rental, so the building can offer supplemental income during the planning process, or operate as a holding place for a future project. Various improvements include a new sewer liner to the street and newer roof (1-2 years). 4 off-street parking spots reduce on-street parking burden, The fun vibe of Uptown/Lyn-Lake area offers an abundance of local shops and restaurants. Mpls' famed 'Lakes Area' is located just to the west. Easy access to major freeways and downtown markets. Lastly, don't overlook the single family owner-occupant use of this home. Natural woodwork, hardwood floors, large kitchen, front porch and some nice underlining character makes owner-occupant an avenue for this home too!
Based on the average sale price from the Faribault, MN office
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
2445 Lyndale Avenue S Minneapolis, MN is a Single Family Home for sale at $375000 with 1850 sqft and a lot size of 0.11 Acres Acre(s). 2445 Lyndale Avenue S Minneapolis has 3 bedrooms, 1 baths and was built in 1905. The property's zip code is 55405 which is in Minneapolis, MN
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.