1759 Pleasant Street

SELLER OPEN TO CREATIVE DEAL STRUCTURING!! 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.