516 7th Avenue, International Falls, MN 56649

$200,000
MLS# 7132973
  • 516 7th Avenue, International Falls, MN 56649 Main Photo

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Sean Drury, Realtor, Associate Broker, Partner, CRS, ABR, SFR, GRI

Sean Drury, Realtor, Associate Broker, Partner, CRS, ABR, SFR, GRI
Call: (612) 581-9002

STATUS: Active
PROPERTY TYPE: Commercial - Business
SUBDIVISION: International Falls
SCHOOL: 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.

516 7th Avenue | MLS# 7132973

This commercial property located at 516 7th Avenue, International Falls, MN 56649 is currently listed for sale with an asking price of $200,000. 7th Avenue is located within the International Falls school district. Search International Falls real estate on sdrury.counselorrealty.com today.

Property Features

Property Type: Commercial - Business
Fuel Type: Natural Gas
Garage: 3
Heating: Boiler, Forced Air
Lot Size: 0.23 Acres
Roof Type: Asphalt, Metal, Other, Pitched
Stories: 2.0
Taxes: $1,576
Year Built: 1910

Feature Descriptions

Appliances: Range, Refrigerator
Basement: Block
Current Use: Residential
Days on Site: 16
Foundation Size: 2368
Lot Dimensions: 75x140
Parcel#: 9200631130
Parking: Attached Garage
Sale Includes: Building, Land, Leases
Sewer: City Sewer/Connected
Units: 5
Utilities: Electric Separate
Water: City Water/Connected

Local Schools

School District: International Falls

Listed By / Shown By

Listed By

Agency Name: eXp Realty
Agency Phone: 320-500-4397

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