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!
The median home value in Maple Lake, MN is $299,000. This is lower than the county median home value of $330,400. The national median home value is $338,100. The average price of homes sold in Maple Lake, MN is $299,000. Approximately 74.76% of Maple Lake homes are owned, compared to 21.45% rented, while 3.79% are vacant. Maple Lake real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Maple Lake real estate agent to arrange a tour today!
Maple Lake, Minnesota has a population of 2,202. Maple Lake is more family-centric than the surrounding county with 44.17% of the households containing married families with children. The county average for households married with children is 42.07%.
The median household income in Maple Lake, Minnesota is $69,911. The median household income for the surrounding county is $94,276 compared to the national median of $69,021. The median age of people living in Maple Lake is 33.3 years.
The average high temperature in July is 81.8 degrees, with an average low temperature in January of 2.3 degrees. The average rainfall is approximately 30 inches per year, with 42.7 inches of snow per year.