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 |
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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 |
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Subdivision | International Falls |
City | International Falls |
County | Koochiching |
State | MN |
Zip Code | 56649 |
Amenities
Amenities | Coin-op Laundry Owned |
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Garages | Electric, Gravel, Parking Lot |
Is Waterfront | No |
Has Pool | No |
Interior
Appliances | Range, Refrigerator |
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Heating | Boiler, Radiator(s) |
Cooling | None |
Fireplace | No |
Has Basement | Yes |
Basement | Concrete, Storage/Locker |
Exterior
Roof | Flat |
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Construction | Stucco |
School Information
District | International Falls |
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Additional Information
Zoning | Residential-Multi-Family |
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Foreclosure | No |
Short Sale | No |
Taxes | $1,838 |
Tax Year | 2025 |
Office | Move it Real Estate Group/Lake |
Listing Details
Office | Move it Real Estate Group/Lake |
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