Duplex in rural MN for sale off market

[Michael Stutelberg]

Investment Info:

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

Second rental property as a duplex.
Converted SFR, first floor 4br and 1 bath ($665/month). Second floor 2br and 2 bath ($600/month). Utilities included.
Fully rented.
For sale off market.

How did you find this deal and how did you negotiate it?

Found on MLS 5 years ago and rehabbed during quarantine.

How did you finance this deal?

Bank financing.

How did you add value to the deal?

New floors, appliances, heating/cooling, etc.

What was the outcome?

Fully rented property since listed for rent in May 2020. Actually have people contacting me before I advertise a unit available.