Property Listing
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.
Property Information
Status: Active
Sub Type: ********
List Price: $200,000
MLS#: 7160877
Current Price: $200,000
Address: 516 7th Avenue, International Falls, MN 56649
City: International Falls
State: MN
Postal Code: 56649
Geo Lat: 48.599943
Geo Lon: -93.410085
Subdivision: International Falls
County: Koochiching
Property Description
Year Built: 1910
Lot Size SqFt: 10018.8
Gen Tax: 1576
Specials Inst: 0
High School: International Falls
Square Ft. Source:
Above Grade Finished Area: 2365
Below Grade Finished Area: 2368
Below Grade Unfinished Area:
Total SqFt.: 4730
Style: Array
Total Bedrooms: 7
Total Bathrooms: 4
Total Full Baths:
Garage Type:
Garage Stalls: 3
Waterfront:
Property Features
Exterior:
Roof:
Foundation:
Lot Feat/Fld Plain:
Interior Amenities:
Inclusions: ********
Exterior Amenities:
Heat System:
Air Conditioning:
Utilities: