405/407 4th Street, International Falls, MN 56649
sale
$169,500
|
Other
Courtesy Of Move It Real Estate Group by Lakehomes.com
Turn-key Mixed-Use Investment Property - 11% Cap Rate - Fully Rented Don't miss this prime investment opportunity featuring a commercial business space with two residential apartments above, all fully rented and producing strong, consistent income. The main floor office space has been rented by the same tenant for 20+ years, adding stability to the commercial portion, while the two second floor 2 bedroom apartments provide reliable residential cashflow. With an impressive 11% capitalization rate, this mixed-use property offers the perfect blend of turn-key asset with tenants in place and cash flow from day one. Add this high-performing property to your portfolio today!
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Property Features
- Age: Over 50 Years Old
- Appliance: Refrigerator
- Appliance: Range
- Heating System: Oil
- MLSID: 7065137
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