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58 Birch Avenue S

Maple Lake, MN 55358

– beds
– baths
2,428 sqft
$123 per sqft
1910 build
– on site

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 NORTHSTAR / DaCota Weinzetl / Realty Group LLC

Last checked: Checking… • Last updated Sep 28, 2024 •

MLS# 6572277 —

The Building

Year Built:

1910
New Construction:

false
Age Of Property:

114
Construction Materials:

Brick/Stone, Vinyl Siding
Accessibility Features:

None
Levels:

Two
Main Level Finished Area:

1324.0000
Basement:

Crawl Space, Partial, Partially Finished
Basement:

true
Foundation Area:

1324
Above Grade Finished Area:

2428

Room Dimensions

Living Area:

2428

Location

Directions:

Oak ave to Birch
Latitude:

45.229121
Longitude:

-94.003836

The Property

Parcel Number:

110010004070
Property Type:

Residential Income
Property Subtype:

Other
Additional Parcels:

false
Lot Size Area:

0.17
Lot Size Dimensions:

150x50x150x50
Lot Size Units:

Acres
Water Source:

City Water/Connected
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

2988
Tax With Assessments:

2988.0000

Heating & Cooling

Heating:

Boiler

Utilities

Sewer:

City Sewer/Connected

Schools

High School District:

Maple Lake

The Community

Subdivision Name:

Original Maple Lake
Assessment Pending:

No

Extra Units

# of Units Total:

4

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Max Internet Speed

Windstream

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
9/28/24 Sep 28, 2024	Price Changed	NORTHSTAR	$300,000	-24.1%
9/5/24 Sep 5, 2024	Price Changed	NORTHSTAR	$395,000	-1.3%
7/29/24 Jul 29, 2024	Listed / Active	NORTHSTAR	$400,000

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This multifamily located in Maple Lake, MN 55358 is currently for sale for $300,000. 58 Birch Avenue S is a 2,428 square foot multifamily with – beds and – baths that has been on Estately for 117 days. This multifamily is in the attendance area of Maple Lake Elementary School and Maple Lake High School.

Listing Courtesy of: NORTHSTAR and Realty Group LLC.

Estately, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Thomas Rehman, a licensed Real Estate Broker in the state of Minnesota, and a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed.

©2024 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved. Information deemed reliable but not guaranteed. Property data presented reflects information otherwise available from public records. The REALTOR® providing this information may not have represented the buyer or seller in some or all of the transactions.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. RMLS and Estately, Inc. assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

Open house information subject to change without notice.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.