58 Birch Avenue Maple Lake, MN 55358
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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. With two additional units awaiting your vision, there’s ample opportunity to enhance the property and increase rental income. 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!
- Property TypeOther
- NeighborhoodOriginal Maple Lake
- CountyWright
- Taxes$2,988
- HOA/Condo/Coop Fees$0
- Days on Site3 Days
- MLS StatusActive
- MLS ID Number6572277
- Home Size Source N/A
- Year Built1910
- Lot Size0.17 Acres
- Full Baths3
- Partial Baths2
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General Features
- Construction Vinyl Siding
- Basement Crawl SpacePartialPartially Finished
- Number of Stories 2
- Garage Spaces 0
- Contingency None
- Sewer City Sewer/ Connected
- Water City Water/ Connected
Interior Features
- Heating Boiler
Exterior Features
- Construction Details Brick/ StoneVinyl Siding