58 Birch Avenue S Maple Lake, MN 55358

$395,000
Active
estimated monthly payment
2,428 Sq Ft  |  Other  |  MLS # 6572277
  • Newly Renovated Upstairs Units
    Newly Renovated Upstairs Units
  • Main Commercial Space with Bathroom Lower Level
    Main Commercial Space with Bathroom Lower Level
  • Red Door to the right can be used for a seperate enterance into commercial space. You can wall off the space to make a second commercial unit with a second bathroom.
    Red Door to the right can be used for a seperate enterance into commercial space. You can wall off the space to make a second commercial unit with a second bathroom.
  • Front of Building.
    Front of Building.
  • Side of Building
    Side of Building
  • Back of Building. Off street parking to fit three cars.
    Back of Building. Off street parking to fit three cars.
  • Stairwell Upstairs
    Stairwell Upstairs
  • Upstairs Right Unit
    Upstairs Right Unit
  • Up Right Living Room
    Up Right Living Room
  • Up Right Bedroom
    Up Right Bedroom
  • Upstairs Left Bedroom
    Upstairs Left Bedroom
  • Upstairs Left Remodeled Kitchen
    Upstairs Left Remodeled Kitchen
  • New LVP throughout.
    New LVP throughout.
  • New bathroom Remodel
    New bathroom Remodel
  • Upstairs Left Bedroom with new carpet.
    Upstairs Left Bedroom with new carpet.
  • Upstairs Left Kitchen
    Upstairs Left Kitchen
  • Upstairs Living Room
    Upstairs Living Room
  • Upstairs Bathroom
    Upstairs Bathroom
  • Upstairs Left Bedroom
    Upstairs Left Bedroom
  • Lower Level Kitchen
    Lower Level Kitchen
  • Lower Level Dinning Area
    Lower Level Dinning Area
  • Lower Level Unit Living Room
    Lower Level Unit Living Room
  • Lower Level Kitchen
    Lower Level Kitchen
  • Lower Level Bathroom
    Lower Level Bathroom

About The Listing

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!


Listing courtesy of DaCota Weinzetl, Realty Group LLC
Purchase Price
Loan Type
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Interest Rate
Estimated Property Taxes
Homeowner's Insurance
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Property Details

Features

 
 
 
Property Type: Other
Status: Active
Contingency Type: None
Year Built: 1910
MLS #: 6572277
Square Feet: 2,428
Price Per Square Foot: $163
Garage Spaces: 0
Sewer Description: City Sewer/Connected
Water: City Water/Connected
Heat Type: Boiler
Basement: Crawl Space, Partial, Partially Finished
Construction Description: Brick/Stone, Vinyl Siding
Days On Market (Continuous): 44
Disability Features: None
Latest Update: 09/11/2024
List Date: 07/29/2024
Listing Agent ID: 506013271
Listing Office: Realty Group LLC
Listing Office ID: 27355
Data Source: NorthstarMLS - The Regional MLS of Minnesota
Lot Dimensions: 150x50x150x50
Lot Size: 0.17 Acres
School District: Maple Lake
Tax Year: 2024
Estimated Taxes: $2,988
Contingency Type: None
City: Maple Lake
Zip: 55358
County: Wright
Subdivision: Original Maple Lake
State: MN

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Listing last updated: 09/11/24

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