3 months on rocket

58 Birch Ave S, Maple Lake, MN, 55358

$300,000

Home List Price

$3,563*

Closing Credit

0 Baths
2,428 SqFt
$124/SqFt
House

Location

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58 Birch Ave S, Maple Lake$300,000

Buyer Closing Credits

$3,563*

1.25% Loan Amount

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Property Highlights

Home TypeOther
Year Built1910
HeatingSteam
BasementYes
MLS #6572277
StatusActive

About 58 Birch Ave S

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!

Property Details

Property Features

Property Information:

  • Year Built: 1910
  • Living Area: 2,428 SqFt

Listing Office:

  • Office Name: Realty Group LLC

Interior Features

Interior Information:

  • Basement: Yes

Utilities

Utilities Information:

  • Heating: Steam

School Info

Assigned Schools Information:

  • Maple Lake High School, Public District Grades 7-12
  • Maple Lake Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: Oak ave to Birch

Price Information

Listing Price Info

Price Summary:

  • List Price: $300,000
  • Price Per SqFt: $124/SqFt

Tax Information:

  • Annual Amount: $3,104
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Maple Lake, MN.

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Maple Lake, MN

City

Med. Sold Price

$318.9K

Med. Price/SqFt

$213

Avg. Days On Market

26

# of Sold Homes

9

58 Birch Ave S vs Maple Lake

99 DAYS ON ROCKET

+73 Days

$300,000

-$18.9K Less

$124/SqFt

-$89 Less

KEY TAKEAWAY

This property is $18.9K less than the Median Sold Price and $89/SqFt less than other homes in Maple Lake, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6572277

Listing Office:

  • Office Name: Realty Group LLC

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Last updated on: 11/5/2024, 2:22:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$3,104$112,000
2019$3,212$107,500
2018$3,254$105,500
2017$3,296$105,500

History based on county public records data.

Payment Calculator

$1,565

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$966

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2014019
8
/10

  • Maple Lake Elementary School

  • 200 State Hwy 55 East

  • 0.39 miles

  • Public District Grades PK-6

High School

school-card-donut-2014020
7
/10

  • Maple Lake High School

  • 200 State Hwy 55 East

  • 0.39 miles

  • Public District Grades 7-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $53,145. Residents of Maple Lake, MN typically earn between $35k-100k each year. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 58 Birch Ave S

What is the listing price of this property?

The listing price of 58 Birch Ave S property is $300,000.

What type of property is this?

The property 58 Birch Ave S is a house located in Maple Lake, Minnesota, 55358.

Is this property for sale now?

Active Listing: 58 Birch Ave S is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 58 Birch Ave S are:
Maple Lake Elementary School: GreatSchools Rating 8/10
Maple Lake High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,104 (source: MLS/based on county public records data).

What is the square footage of this property?

The property 58 Birch Ave S is 2,428 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 58 Birch Ave S is 1910.

Rocket Homes›Minnesota›Wright County›Maple Lake›55358›58 Birch Ave S

This home is located at 58 Birch Ave S in Maple Lake, MN and zip code 55358. This 2,428 square foot home was built in 1910. It has been listed on Rocket Homes since July 29, 2024 and is currently priced at $300,000.

Maple Lake, MN housing market in October 2024 saw over 2 listings sold above listed price, more than 2 sold at listed price and over 5 sold below. Between September 2024 and October 2024, Maple Lake, MN real estate market has seen increase in the number of listings by 6.7%. The median list price of listings available in October 2024 was $318,950, while the average time on the real estate market was 26 days.

From Rocket Homes Real Estate and based on county public records data.

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