4 Bed NE Minneapolis Duplex

[Taylor Hoch]

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Minneapolis.

Purchase price: $237,500
Cash invested: $59,000

Very lucky to get this, initially I lost out to an all cash offer but after the buyer got cold feet I got it.

4 Beds total, exterior looks rough but really just needs to be repainted and interior is beautiful.

Unit 1 = $1500
Unit 2 = $1500

How did you finance this deal?

30 yr fixed, 4.5% interest