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# 7041697
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 scarlson.counselorrealty.com today.
Agency License Information: Counselor Realty, Inc. is licensed in Minnesota and Wisconsin; Counselor Realty, Inc. of Alexandria is licensed in Minnesota; Counselor Realty Detroit Lakes, LLC is licensed in Minnesota; Counselor Realty of Rochester is licensed in Minnesota; Counselor Realty of Victoria, LLC is licensed in Minnesota; Counselor Realty of Brainerd is licensed in Minnesota.
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516 7th Avenue | MLS# 7041697
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 scarlson.counselorrealty.com today.