$300,000
For Sale

58 Birch Avenue S

Maple Lake, MN 55358
Listing OfficeRealty Group LLC
Browse 24 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

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 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!

  • Interior Details
      • HeatingBoiler
  • Construction Details
      • Basement DescriptionCrawl Space, Partial, Partially Finished
      • Property TypeMulti-Family
      • Basement1
      • Basement Finished1
    • Condition
      • Year Built1910
  • Utilities / Energy Details
      • Sewer InformationCity Sewer/Connected
      • Utility SourceCity Water/Connected
  • Community and Neighborhood Details
      • SubdivisionOriginal Maple Lake
    • Location
      • School DistrictMaple Lake
      • CountyWright
  • Financial Details
      • Taxes Annual$2,988
      • Days on Market (Cumulative)117
  • Other
      • MLS #6572277

Location

Deb RungeReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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