$ 375,000
-
$375,000
Price -
3
Bed -
2
Bath -
1,850
SqFt -
0.11
Acre
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About the Listing 5116 - 502003774
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!
Listing Highlights
Interior Details
- Bedrooms: 3
- Bathrooms: 1 Full / 1 Half
- Appliances: Dishwasher, Dryer, Gas Water Heater, Range, Refrigerator, Washer
- Air Cond:
- Heating: Boiler,Hot Water,Natural Gas
- Fireplaces: 0
- Floor:
- Above Ground Sq Ft: 1850
- Basement: Unfinished
- Other: Ceiling Fan(s),Hardwood Floors,Kitchen Window,Natural Woodwork,Porch,Washer/Dryer Hookup,Main Floor 1/2 Bath,Upper Level Full Bath,Separate/Formal Dining Room,3 BR on One Level
- Water: City Water - In Street
Exterior Details
- Lot Description: Public Transit (w/in 6 blks),Tree Coverage - Light
- Garage Capacity: N/A
- Lot Dimensions: 40 x 118
- Zoning: Residential-Single Family
- Roof: Age 8 Years or Less,Architectural Shingle,Asphalt,Pitched
- Others:
- Sewer: City Sewer - In Street
Financial Details
- Tax Amount: $5,082
- Taxes w/Assessments: N/A
- Tax/Property ID: 3402924230173
- Tax Year: 2026
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2445 Lyndale Ave S Minneapolis, MN 55405
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