St Anthony River Duplex

[Stephan O'Shaughnessy]

Investment Info:

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

Purchase price: $80,000

Duplex is in St Anthony just 2 houses down from the sand bar river beach. This 1920 home was the first Airbnb listing in St.Anthony and has since hosted 1000's of guests. Amazing location for guests who want to enjoy the river. We even have kayaks and beach stuff for guests. We rent out one side for $600 per month and airbnb the other side for about $100 per night ($12000 annually) during the spring and summer months. During the fall and winter we rent to students for about $500 per month.

What made you interested in investing in this type of deal?

We got so lucky! A duplex for 80k