713/719 5TH AVE International Falls MN 56649 | MLS 133836

713/719 5TH AVE
International Falls, MN, 56649
$109,000
Beds
Baths
4,848 SqFt
0 Acres
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Income producing 7 unit complex consisting of two separate buildings. Don’t judge a book by its cover! These historic buildings were once the Craig Hospital and Clinic. Lots of original woodwork and hardwood floors. Recent improvements for unit 719 include new rubber roof costing over $14k, blown in insulation in attic and walls, hot water heater and 2 windows. Unit 713 also had insulation blown in. The “other” expense is for potential rent loss due to vacancy, but this will vary. See the attachment for detailed info on this great income producing opportunity which has a cap rate of 15%! This listing along with 133838 are available as a package deal. Call for more info.

Property Details

Price:
$109,000
MLS #:
133836
Status:
Active
Address:
Type:
Multi Family
City:
International Falls
Listed Date:
Feb 8, 2018 (189 days)
State:
MN
Square Ft (approx):
4,848
ZIP:
56649
Year Built:
1920

Interior

BASEMENT
Poured
HEATING
Gas, Hot Water

Exterior

CONSTRUCTION
Wood Frame
EXTERIOR
Stucco
LAUNDRY/STORAGE
Inside Utility
PARKING
Parking Lot, On Street Parking, Up to 5 Cars
ROOF
See Remarks

Financial

UTILITIES
City Sewer,City Water,Gas

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disclosure
Courtesy of Reed Realty International Falls. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Minnesota – Range Association of REALTORS. Detailed information about real estate listings held by brokerage firms other than Island View Realty include the name of the listing broker. Neither the listing company nor Island View Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2018. Minnesota – Range Association of REALTORS. All rights reserved.
713/719 5TH AVE
International Falls, MN