58 Birch Avenue S
$300,000
Description
58 Birch Avenue S,
Maple Lake,
MN
55358
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!
This is an Active listing.
Broker Office Phone Number: 763-432-7640
Copyright © 2024Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Listing By: Realty Group Inc. via Data Source: Regional Multiple Listing Service of Minnesota [NorthStarMLS]
Price History
date | price | variance | type |
---|
9/28/2024 | $300,000 | 24.05 % | decreased |
9/5/2024 | $395,000 | 1.25 % | decreased |
7/29/2024 | $400,000 | - | Listed |
listing agent: DaCota Weinzetl