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$625,000

9 Beds 5 / 1 Full / Half Baths 4,851 SQFT 0.50 Acres
Type: Multi-Family

4565 Toledo Avenue N
Robbinsdale, MN 55422

MLS#: 7156774
Eli Schonrock
Eli Schonrock
The Real Estate Advantage
Phone: 763.257.3602
Office: 952.253.5600
Presented by: eHouse Realty, Inc

Property Description

 

A truly unique opportunity offering exceptional space, flexibility, and income potential! The main home features 7 bedrooms and 5 baths, plus a legally permitted and separately zoned 2-bedroom, 1-bath apartment above the garage with its own address and separately metered utilities. Previously leased for years and now vacant, the apartment offers tremendous flexibility for rental income, extended family, a private office, or studio. Inside the main home, you'll find an impressive combination of formal and casual living spaces, including a family room with a striking wood-burning fireplace surrounded by genuine amethyst, formal living and dining rooms, a den, and a dedicated amusement room. Oak hardwood floors extend through the family room, den, kitchen, and dining room, while the spacious kitchen features solid oak cabinetry, a pantry, and included appliances. The private primary suite includes a ¾ bath, walk-in closet, and its own second-story deck. A separate lower-level guest suite with full bath provides another great option for extended family or long-term guests, and the lower level even includes a soundproof recording booth. Additional highlights include main-level laundry, hydronic baseboard heat, central air, a whole-home standby generator, and a heated and insulated 3-car garage. Outside, enjoy two decks, a circular paved backyard fire pit, and a raised fireplace on the apartment patio. Fantastic location within walking distance of Welcome Park, approximately ½ mile from downtown Robbinsdale's shops and restaurants, and less than ½ mile from the Crystal Lake and Twin Lakes Regional Bike Trails with paved connections to Crystal Lake and the Minneapolis Grand Rounds. A rare property offering incredible versatility in a convenient Robbinsdale location!


 

Interior Features

Bedrooms

Total Bedrooms9

Bathrooms

Total Baths6

Other Interior Features

Above Grade Finished Area3,233 sqft
BasementFinished, Full, Walkout
Basement (Y/N)Yes
Below Grade Finished Area1,618 sqft
FuelNatural Gas
Garage Dimensions30 x 23
Garage Square Feet660

General

AccessibilityNone
Additional Parcels Y/NNo
CityRobbinsdale
Construction MaterialsBlock
ContingencyNone
CountyHennepin
Directions42ND AVE N THEN NORTH ON TOLEDO TO 4567
ElectricCircuit Breakers
Electric Expense0
Fuel Expense0
Garage Spaces3
Gross Income12000
HeatingBaseboard, Boiler, Forced Air
High School DistrictRobbinsdale
Insurance Expense0
Land Lease Y/NNo
Lender OwnedNo
LevelsFour or More Level Split
Living Area4,851 sqft
Lot Size UnitsAcres
MaintenanceExpense0
Net Operating Income10800
New ConstructionNo
Number Of Units Total2
Operating Expense1200
OwnerPaysSewer, Water
PostalCityRobbinsdale
Property SubtypeDuplex Up and Down
Property TypeResidential Income
RoofAge 8 Years or Less, Architectural Shingle
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameNorth Lilac Terrace
Tax Annual Amount$6,850
Tax Year2026
Tenant PaysAll Utilities
Trash Expense0
Virtual TourClick here
Water Sewer Expense0
Year Built1981
Zoning DescriptionResidential-Multi-Family, Residential-Single Family

Exterior

Building Area Total5,613 sqft
Foundation Area2,378 sqft
Lot Dimensions59 x 391
Lot FeaturesTree Coverage - Medium
Lot Size Area0 sqft
Parking FeaturesConcrete, Tuckunder Garage
Road Frontage TypeCity Street
Road ResponsibilityPublic Maintained Road
Water SourceCity Water/Connected
Waterfront Y/NNo

Additional Details

Price History

Schools 

High School N/A
Middle School N/A
Elementary School N/A

  

Similar Properties

$625,000

9 Beds 5 / 1 Full / Half Baths 4,851 SQFT 0.50 Acres
Type: Multi-Family

4565 Toledo Avenue N
Robbinsdale, MN 55422

MLS#: 7156774
Eli Schonrock
Eli Schonrock
The Real Estate Advantage
Phone: 763.257.3602
Office: 952.253.5600