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6221 Lake Street West

St. Louis Park MN 55416

3090 sq. ft.
0.09 ac.
Duplex
Currently for sale - view listing

Overview

Discover this rare four-plex gem in the heart of St. Louis Park, just off W. Lake Street! This well-maintained property has been lovingly cared for by its long-time owner. The building features four spacious 1-bedroom units, three of which are currently leased at $875/month, with leases in place through September 2025 ? the fourth unit is currently vacant, accommodating potential owner-occupancy. There is excellent potential for value-add improvements, including updating the kitchens and bathrooms, and increasing rents to reflect current market rates. Take advantage of low-down payment financing and the opportunity for long-term appreciation in this prime location! A standout feature of this property is the presence of four individual furnaces (as opposed to a shared boiler), allowing tenants to pay their own gas and heat bills. Don?t miss out on this rare investment opportunity?schedule your showing today!

Features

3090 sq. ft. floor area
0.09 ac. lot size
Duplex

Happy sellers in St. Louis Park

90%
90% of sellers in St. Louis Park reported that their sale price either exceeded or met their price expectations.

St. Louis Park stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in St. Louis Park over the last 12 months.

Local market activity for duplexes in St. Louis Park

In the last 12 months, 2 duplexes similar to 6221 Lake Street West, have been sold.

This represents a 75% increase in duplexes sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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