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Property Details

58 Birch Avenue S
Maple Lake, MN 55358

Price: $300,000

Listing # 6572277


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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. 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!

Basic Features:

Style Other
Type Residential Income
Year Built 1910
School District Maple Lake
County Wright
Lot Size 150x50x150x50
Acreage 0.17 acres
Above Grade 2,428 sq ft
Number of Units 4
Tax $ / Year $2,988 / 2024
Tax ID
Legal Description
Additional Features
Government Programs
Section 06
Terrain Type
Basement Crawl Space,Partial,Partially Finished
Driveway
Exterior Features Brick/Stone,Vinyl Siding
Foundation 1324.00
Fuel Source Electric,Natural Gas
Handicap Access None
Heating Boiler
Sewer Service City Sewer/Connected
Water Service City Water/Connected
Water Heater
Exterior Construction
Laundry N

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