3829 Lake Dr Ave N, Robbinsdale, MN 55422

Description

High-performing, fully occupied duplex with strong in-place income and minimal landlord expense. This cash-flowing asset features a 3-bedroom, 1-bath upper unit and a 4-bedroom, 1-bath lower unit, a rare bedroom count that supports strong rental demand. The upper unit has recently been upgraded with a new kitchen, refinished floors, and fresh paint, positioning it well for continued rent strength and reduced near-term capital needs. The lower 4-bedroom unit is occupied by a long-term tenant, adding stability to the rent roll. City would consider converting this to a triplex for owner additional value add by turning the basement space, currently part of the 4-bedroom unit,...