For Sale: International Falls MLS# 7041697
Active
NEW!
$200,000
Commercial: Other
11 br • 6 ba • Built 1910
0.23 acres
MLS# 7041697
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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.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$200,000
Property Type:
Commercial
City:
International Falls
Garage Spaces:
3
County:
Koochiching
Year Built:
1910
State:
MN
Property Style:
Other
Zip Code:
56649
Subdivision Name:
International Falls
Interior
Bedrooms:
11
Bathrooms:
6
Exterior
Garage Spaces:
3
Foundation Size:
2,368 ft2
Handicap Accessible:
None
Heating System:
- Boiler
- Forced Air
Parking Features:
Attached Garage
Roof Details:
- Asphalt
- Metal
Lot & Land
Acres:
0.23
Geolocation:
48.599887, -93.410178
Inclusions:
Building, Land, Leases
Lot Dimensions:
75 x 140
Zoning:
Residential-Multi-Family
Schools
School District:
1508
District Phone:
2182832571
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$1,258
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$1,328
Units
Total Units:
5
Miscellaneous
Current Use:
Residential
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
Electric Separate
Water System:
City Water/Connected
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of eXp Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.