8963 Syndicate AvenueLexington, MN 55014

Introducing a prime investment opportunity in Lexington, MN, close to restaurants, shopping, freeway access, and area amenities. This 8,960 SF multi-family property, located in Anoka County, boasts 16 units, with 15, 1BR/1BA units and one Studio Apartment. Built in 1960 and zoned R-4, this property offers in-place, below market rents plus an opportunity for continued building improvements in order to increase your Net Operating Income! A redevelopment opportunity exists for this parcel as it is surrounded by recent construction of larger apartment buildings. Two Open Houses from 10am to Noon for investors, their brokers and inspectors to come through: Tuesday, December 9th and Thursday, December 11th *These are the only dates to tour ** See videos for additional tours and walk throughs of the building

MLS ID: 6817333