408 10th ST, International Falls, MN 56649 - 6764198

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Shari Bellows

shari@pedersonrealty.com +1(612) 590-9781

$217,500

Est. payment - /mo

10,454 Sqft Lot

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UPDATED:

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision International Falls

MLS Listing ID 6764198

Year Built 1940

Annual Tax Amount $1,838

Tax Year 2025

Contingent None

Lot Size 10,454 Sqft

Acres 0.24

Lot Dimensions 75X140

Property Sub-Type Apartment

Property Description

Investment Opportunity – Fully Rented Apartment with 12% Cap Rate! Step into the world of real estate investing with this turnkey, income-producing apartment property offering a remarkable 12% cap rate. Whether you're a seasoned investor or just getting started, this is the perfect opportunity for new investors looking to build wealth with a high-performing asset.
This property is fully rented with reliable tenants in place, providing immediate cash flow from day one. Low vacancy risk, solid rental history, and minimal management headaches make this an ideal addition to any portfolio. Don't miss your chance to own a high-yield asset in a strong rental market. Opportunities like this don't come around often—secure your future in real estate today!

Location

State MN

County Koochiching

Zoning Residential-Multi-Family

Rooms

Basement Concrete, Storage/Locker

Interior

Heating Boiler, Radiator(s)

Cooling None

Inclusions Building, Fixture/Equipment, Land, Leases

Fireplace No

Appliance Range, Refrigerator

Exterior

Parking Features Electric, Gravel, Parking Lot

Utilities Available Electric Separate, Heating Common, Hot Water Common

Roof Type Flat

Present Use Residential

Building

Story Two

Foundation 1680

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

Structure Type Stucco

Schools

School District International Falls

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Listed by Lucas Debenedet • Move it Real Estate Group/Lake

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Shari Bellows

+1(612) 590-9781

Agent | License ID: 40701920

Agent License ID: 40701920

408 10th ST International Falls, MN 56649

Shari Bellows

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

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