Need a landlord end buyer for MN property - cash-out refi possible!

This one has to go! Selling price is $175,000!

Cash-out refi! Investors dream!

Duplex, newly remodeled inside and out, this home screams charm and versatility for the new landlord. One apartment up, one down... new hardwood floors throughout, brand new appliances throughout, certified well and new pump, new furnace, new central air and cable TV/high speed internet!

Rent this out as 2 separate units of 2/1 and 1/1, or rent it out as a single family as a 3/2.

There is also a 2-car garage on the premises with a loft that could easily be made into an efficiency apartment above its own private parking stall.

All this on a 1.3 acre lot on the edge of a small town in central MN within 20 minutes of shopping, fishing, hunting, several American Indian casinos, and some of the best canoeing and mountain biking in the state!

Did I mention the 300' of riverfront? OH! OK... there's 300' of riverbank on the Rum River! Prime fishing, canoeing and tubing, not to mention a truly beautiful sight to wake up to.

There's too much here to write it all down... the place is absolutely stunning AND MOVE-IN READY!!

And just to sweeten the deal, the rents are ~$1300+ for the downstairs and ~$680+ for the upstairs, which means that at the purchase price of $175,000 you're looking at a ~11.65% CAP rate, AND the place has been recently professionally appraised at $232,000, so you get HUGE instant equity!

This is an incredible opportunity for anyone looking for cashflow property in MN!

Don't wait, this one isn't going to be around for long and I'd really like to share the deal with someone else in the DG family!