408 10th Street, International Falls, Minnesota 56649

MN, International Falls
$225,000
  • Commercial Sale Property Type
  • 1940 Year Built
  • Active Status
See All 8 Photos
Kyle Synowczynski
Kyle Synowczynski
  • (612) 688-6065
  • Kyle@StoneArchRealty.com
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!

Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 6764198
  • Price: $225,000
  • Year Built: 1940
  • Listing Status: Active
  • Office Name: Move it Real Estate Group/Lake
  • Property Sub Type: Apartment
  • Roof: Flat
Features
  • Heating System Boiler,Radiator(s)
  • Cooling System None
  • Basement Concrete,Storage/Locker
  • Parking Parking Lot,Gravel,Electric
  • Utilities Electric Separate,Heating Common,Hot Water Common
  • Sewer City Sewer/Connected
Appliances
  • Refrigerator
  • Range
Address Map
  • Country US
  • State MN
  • County Koochiching
  • City International Falls
  • Zipcode 56649
  • Street: 10th
  • Street Number: 408
  • Street Suffix: Street
  • Longitude: W94° 35' 38.8''
  • Latitude: N48° 35' 44.9''
  • Directions: From downtown International Falls head south on Hwy 53 and turn right on 10th Street to property. Apt will be on second block on right.
Neighborhood
  • High School District: International Falls
MLS Addon
  • Office Name: Move it Real Estate Group/Lake
Additional Information
  • Water Source: City Water/Connected
  • Accessibility Features: None
  • Association Amenities: Coin-op Laundry Owned
  • Building Size: 3360
  • Construction Materials: Stucco
  • Current Use: Residential
  • Levels: Two
  • Lot Size Dimensions: 75X140
  • Number Of Units Total: 7
Financial
  • Tax Annual Amount: 1838
Listing Information
  • List Agent Mls Id: 502511351
  • List Office Mls Id: 9358
  • Modification Timestamp: 2025-08-02T13:57:04Z
  • Originating System Name: NorthStar
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