408 10th Street, International Falls, MN

$217,500

3,360

Square feet

0.24

Acres

About 408 10th Street

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!

Features of 408 10th Street

MLS® # 6764198
Price $217,500
Square Footage 3,360
Acres 0.24
Year Built 1940
Type Commercial
Sub-Type Apartment Building
Style Apartment
Status Active
Contingency Type None

Community Information

Address 408 10th Street
Subdivision International Falls
City International Falls
County Koochiching
State MN
Zip Code 56649

Amenities

Amenities Coin-op Laundry Owned
Garages Electric, Gravel, Parking Lot
Is Waterfront No
Has Pool No

Interior

Appliances Range, Refrigerator
Heating Boiler, Radiator(s)
Cooling None
Fireplace No
Has Basement Yes
Basement Concrete, Storage/Locker

Exterior

Roof Flat
Construction Stucco

School Information

District International Falls

Additional Information

Zoning Residential-Multi-Family
Foreclosure No
Short Sale No
Taxes $1,838
Tax Year 2025
Office Move it Real Estate Group/Lake

Listing Details

OfficeMove it Real Estate Group/Lake

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