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Maple Lake,MN 55358
Key Details
Property Type Single Family Home
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 2,428 sqft
Price per Sqft $123
Subdivision Original Maple Lake
MLS Listing ID 6572277
Year Built 1910
Annual Tax Amount $2,988
Tax Year 2024
Contingent None
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 150x50x150x50
Property 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!
Location
State MN
County Wright
Rooms
Basement Crawl Space,Partial,Partially Finished
Interior
Heating Boiler
Fireplace No
Building
Story Two
Foundation 1324
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Brick/Stone,Vinyl Siding
New Construction false
Schools
School District Maple Lake