$300,000
 $1,610 est/mo Sourced by Back At You

58 Birch Avenue , Maple Lake, MN 55358

Maple Lake, MN 55358

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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 investmentit'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!

Details

MLS#6572277
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year1910
Days On Site98
Listing Provided ByRealty Group LLC | DaCota Weinzetl

Features

SQ Feet3,750
BasementY
Story(s)2
Units4
Acreage0.17

Market Activity 55358

 Listings courtesy of Northstar MLS as distributed by MLS GRID. 

Based on information submitted to the MLS GRID as of November 4, 2024 at 11:34:12 AM PST All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Listings Checked: 4 minutes ago
StateMN
CountyWright
CityMaple Lake
Zip Code55358
Community NameOriginal Maple Lake
School District881
Listing VS Median (in Original Maple Lake)
Price:
$300,000
low | high
Med:
$275,000
58.333333333333% of Average
SqFt:
3,750
low | high
Med:
3,870
46.8% of Average
$ / SqFt:
$80
low | high
Med:
$71
61.175710594315% of Average
On Site:
98
low | high
Med:
98.000000
100% of Average
Sourced by Back At You
Listing Updated: October 28, 2024 at 5:11:17 PM PDT