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+17632913375
Biltmore
1759 Pleasant Street, Lauderdale, MN 55113
- $599,900
- 4
- BD
- 4
- BA
- 2,357
- SqFt
- List Price
- $599,900
- MLS#
- 7108235
- Status
- ACTIVE
- Type
- Multifamily
- Bedrooms
- 4
- Bathrooms
- 4
- Living Area
- 2,357
- Acres
- 0.15
- Subdivision
- Rosehill Add
- Year Built
- 1936
Property Description
The only fourplex in the city of Lauderdale (No Rent Control!) is for sale for the first time in about 20 years. A career tradesman owner kept it up throughout & left room to grow income. Turnover was minimal (some tenants stayed 7+ years) until the owner intentionally timed all four lease ends this summer to turn every unit for the sale: paint, refinished hardwoods & exterior paint. All four are leased. Two are month to month (30 day notice), so an owner occupant can pick a unit, or an investor can set new leases with utility chargebacks to boost cashflow! Easy upkeep: four similar 1 bed, 1 bath units, replaced windows, boiler heat & owned coin laundry. Big yard, 4 off street spaces & basement storage. About a mile to the U of M St Paul campus & 1.5 miles to the State Fairgrounds, minutes to Rosedale & Como Park, near Hwy 280. Lauderdale is its own city, outside Minneapolis & Saint Paul rental ordinances, including rent stabilization (buyer to verify). Buyer to verify all info.
Additional Information
- School District
- Roseville
- Amenities Shared
- Laundry, Coin-op Laundry Owned
- Tax Year
- 2026
- Fuel
- Natural Gas
- Sewer
- City Sewer/Connected
- Heating
- Boiler
- Water
- City Water/Connected
- Basement
- Block, Full, Shared Access, Storage/Locker, Storage Space
- Parking
- Gravel, Driveway - Other Surface
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Listing courtesy of MRG Realty Partners, LLC.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.
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