4565 Toledo Avenue N 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 3/4 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 1/2 mile from downtown Robbinsdale's shops and restaurants, and less than 1/2 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!