$330,000 Price Analysis    ♡   Maple Lake, MN 55358 3 bed 3 bath 2,322 SqFt ($142/SqFt) 2,962SqFt lot. Built 1920 Listed 2024-07-29, Taxes $4,156 | ✓ USDA Eligible near Maple Lake, MN Restrictions may apply due to home size |
Welcome to this promising investment opportunity nestled in a desirable neighborhood
Where potential meets possibility. Perfectly suited for the savvy investor or homeowner seeking additional income, this property offers three fully renovated unts with the potential to add another in the basement, presenting a rare chance to maximize rental income. Boasting a convenient location and a history of strong rental demand, this property appeals to those looking to capitalize on the bustling rental market. Each unit has been meticulously upgraded, ensuring modern comfort while maintaining timeless charm. For the tired landlord ready to move on, this property promises not a fresh start but also substantial future returns. Don't miss out on this chance to secure a solid investment in a prime location. Schedule your viewing today and envision the possibilities that await!
Vacant lot currently beind used as a parking lot PID Number. 110010007050 to be included with the sale.
Presented by Dacota Weinzetl at
Realty Group, Inc.
Property MLS #6572408 from NorthstarMLS
Heating Features: Boiler
Heating Fuel: Electric, Natural Gas
Lot Size Acres: 0.068
Lot Size Dimensions: 48x58x47x61
Lot Size Square Feet: 2962
Association Amenities: Coin-op Laundry Owned
Calculated Total Monthly Association Fees: 0
Maintenance Expense: 1700.00
Map directions Map directions Map directionsSource Listing Status: Active
County: Wright-MN
Directions: Left onto Oak Ave N right onto 1st St W Home on Left.
Tax Year: 2024
Source Property Type: Multi-Family
Insurance Expense: 2476.09
Manager Expense: 500.00
Source Neighborhood: Original Maple Lake
Parcel Number: 110010007011
Subdivision: Original Maple Lake
Trash Expense: 194.00
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $179,900 + $15,000 $194,900 | $4,156 |
| 2021 | $168,400 + $15,000 $183,400 | $3,406 |
| 2019 | $153,600 + $15,000 $168,600 | $3,358 |
| 2018 | $136,100 + $15,000 $151,100 | $3,008 |
| 2017 | $131,200 + $11,700 $142,900 | $2,706 |
| 2016 | $126,300 + $11,700 $138,000 | $2,588 |
| 2015 | $120,600 + $11,700 $132,300 | $2,430 |
| 2014 | $123,200 + $11,700 $134,900 | $2,546 |
| 2013 | $124,800 + $11,700 $136,500 | $2,628 |
| 2012 | $126,300 + $13,000 $139,300 | $2,590 |
| 2011 | $135,500 + $16,000 $151,500 | $2,618 |
| 2010 | $134,900 + $26,000 $160,900 | $2,642 |
| 2008 | $134,300 + $26,000 $160,300 | $2,290 |
| 2007 | $unknown + $unknown $143,100 | $1,912 |
$330,000
NorthstarMLS
Operating Expense: 19983.00
Above Grade Finished Area: 2322
Foundation Area: 1472.00
Property Age: 104
Property Condition: Previously Owned
Roof: Age 8 Years or Less
Levels or Stories: 1
Total Above Grade Sqft Area: 2322.00
Total Area Main: 1548.00
Total Below Grade Area: 1548.00
Sewer: City Sewer/Connected
Water Sewer Expense: 3160.46
Water Source: City Water/Connected
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.