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!
MLS# | 6572277 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Year | 1910 |
Days On Site | 98 |
Listing Provided By | Realty Group LLC | DaCota Weinzetl |
SQ Feet | 3,750 |
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Basement | Y |
Story(s) | 2 |
Units | 4 |
Acreage | 0.17 |
State | MN |
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County | Wright |
City | Maple Lake |
Zip Code | 55358 |
Community Name | Original Maple Lake |
School District | 881 |
Listing VS Median (in Original Maple Lake) | |
Price: $300,000 low | high Med: $275,000 SqFt: 3,750 low | high Med: 3,870 $ / SqFt: $80 low | high Med: $71 On Site: 98 low | high Med: 98.000000 |