58 Birch Avenue S
Maple Lake, MN 55358
Description
Unlock a prime investment opportunity with this versatile four-plex featuring a commercial storefront, all offered by a motivated landlord ready for a new chapter. This property combines residential and commercial potential, providing a unique opportunity for savvy investors or entrepreneurial homeowners. Looking for additional revenue income you can wall off the commercial space into two separate units to maximize rental return.
The building includes:
Two Renovated Residential Units: Modern upgrades ensure these units are move-in ready, offering immediate appeal to renters. One lower level unit with tenant in place.
Commercial Storefront: Perfect for a business venture or additional rental income, the storefront provides flexibility and visibility in a vibrant area.
Below-Market Rents: Current rental rates are under market value, presenting an immediate chance for increased equity and cash flow.
This property is not just a real estate investment—it's a chance to capitalize on below-market rents and a prime location. Whether you're looking to expand your portfolio or find a new business location, this four-plex offers the potential for significant returns. Act now to seize this opportunity and transform it into a profitable venture!
Interior Details
- HeatingBoiler
Construction Details
- Basement DescriptionCrawl Space, Partial, Partially Finished
- Property TypeMulti-Family
- Basement1
- Basement Finished1
Condition
- Year Built1910
Utilities / Energy Details
- Sewer InformationCity Sewer/Connected
- Utility SourceCity Water/Connected
Community and Neighborhood Details
- SubdivisionOriginal Maple Lake
Location
- School DistrictMaple Lake
- CountyWright
Financial Details
- Taxes Annual$2,988
- Days on Market (Cumulative)118
Other
- MLS #6572277
Location
Legal
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Last Updated: . Source: NORTHSTAR
Listing Courtesy
Listing Agent: DaCota Weinzetl (#NST506013271)
Listing Office: Realty Group LLC (#NST27355)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.