2409 Lyndale Avenue SMinneapolis, MN 55405

The property consists of 4 residential units (two 2-bedroom units and two 1-bedroom units) and 2 commercial units, including a bakery. All the units, except residential unit 202, are owned by one owner. The property has been converted to condos so each of the 6 units has its own PID. Potential for owner-occupant to purchase one of the residential unit 202. The owner of unit 202 currently owns the only garage in the back plus 2 parking spaces on the back side of the property. The entire site has 15 parking spaces. Heating updates are in process including on-demand hot water for unit heat in 4 units. Cap Rate: 7.15%. Gross Potential Income $122,000+. High visibility location. Open to creative financing.

MLS ID: 6785866