Rental property that is immediately CASH FLOW POSITIVE. That's right, buying this easy-to-rent property with 20% down automatically makes you money every month with very little work! Both sides are occupied with 1 year leases, meaning you don't even have to find renters to start. This couldn't be easier to own. We are moving out of state and have to sell, otherwise we'd keep it forever.The duplex has 2 units, 4212 and 4214 that are nearly identical to each other. On each side there is 1 large bedroom, 1 full bathroom, kitchen with attached dining area, and living room. There is a shared entry and exit with a 2 car garage. A fenced backyard allows for pets to roam. Some attic space. Each side has separate furnaces and water heaters. Water/sewage is shared between the two units. No basement.This is a great investment. In the 10 years we have owned it, there has been a grand total of 2 months where it hasn't been occupied with tenants. Located in South Minneapolis near scenic Lake Nokomis/Hiawatha, its' central location and proximity to parks gets renters with ease. Well maintained: in the time we have owned it we have replaced all the appliances, gutters, paint, carpet, and more. Rental income is already greater than your mortgage, and after taxes it'll make several thousand dollars more. This property will go FAST! Don't wait! 01/23/15
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