516 7th Avenue, International Falls, MN 56649
- $200,000
- 11
- BD
- 6
- BA
- List Price
- $200,000
- Status
- ACTIVE
- Days on Market
- 125
- MLS#
- 7041697
- Subtype
- Commercial Sale
- Style
- Apartments/Multi Family, Single Occupancy
- Year Built
- 1910
- Bedrooms
- 11
- Bathrooms
- 6
- Acres
- 0.23
- Subdivision
- International Falls
Property Description
Strong income-producing opportunity featuring a 4-unit multifamily building plus a separate 3-bedroom, 1.5-bath single-family home—all being sold together. With 4 of the 5 total units currently rented and vacant unit #1 undergoing renovations, this property offers immediate cash flow with additional upside upon completion. Originally a church with a pastor’s residence, the main building was converted into four rental units while still showcasing unique architectural character. The unfinished third level with vaulted ceilings provides excellent potential for additional unit(s), expanded living space, or increased rental income. The accompanying single-family home adds flexibility for owner-occupancy, additional rental revenue, or on-site management. Ideal for investors or house hackers looking to expand their portfolio with a versatile multi-unit property offering multiple income streams, value-add potential, and long-term growth. Owner is a licensed real estate agent in the state of Minnesota.
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Additional Information
- Taxes
- $1,258
- Property Description
- Apartments/Multi Family, Single Occupancy
- Zoning
- Residential-Multi-Family
- Heating
- Boiler, Forced Air
- Roof
- Asphalt, Metal
- Parking
- Attached Garage
- Garage Spaces
- 3
- School District
- International Falls
Mortgage Calculator
Listing courtesy of eXp Realty.
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