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    528 E Kohlmetz Street

    Muncie, IN 47303
    • $142,900
    • STATUS: Active
    • ON SITE: 83 days
    • MLS #: 202125923
    UPDATED: 41 min ago
    $142,900
    • 3
      BEDS
    • 0.3
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    • 2,149
      SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1880
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:

    Description

    Investment opportunity with this 3 unit apartment building + 2 car detached garage on corner lot. All the units are currently rented out with section 8. Each unit is a 1 bedroom, 1 bath unit with living area and kitchen. Potential for additional rent income with detached garage which is currently not rented to tenants. Per prior owner stated interior was stripped down to the wall studs and has new insulation, complete plumbing and electrical with separate electrical meters. Kitchen cabinets, counter tops, appliances, bath fixtures, carpet and vinyl flooring all within last 7+- years. Located along MITS bus route and close to Cardinal Greenway.

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    © 2021 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Parker Team | Keller Williams Realty. Data last updated: 2021-09-23T10:28:05.823.

    www.parkerteamhomes.com/homes/118921232
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    528 E Kohlmetz Street Muncie, IN 47303

    • Price: $142,900
    • Status: Active
    • Updated: 41 min ago
    • MLS #: 202125923
    3
    Beds
    3
    Baths
    0
    ½ Baths
    0.3
    Acres
    2,149
    SQFT
    $66
    $/SQFT
    1880
    Built
    Neighborhood:
    Other
    County:
    Delaware
    Area:
    Delaware
    Elementary School:
    East Washington Academy
    Middle School:
    Northside
    High School:
    Central
    School District:
    Muncie Community Schools
    Property Description
    Investment opportunity with this 3 unit apartment building + 2 car detached garage on corner lot. All the units are currently rented out with section 8. Each unit is a 1 bedroom, 1 bath unit with living area and kitchen. Potential for additional rent income with detached garage which is currently not rented to tenants. Per prior owner stated interior was stripped down to the wall studs and has new insulation, complete plumbing and electrical with separate electrical meters. Kitchen cabinets, counter tops, appliances, bath fixtures, carpet and vinyl flooring all within last 7+- years. Located along MITS bus route and close to Cardinal Greenway.
    Exterior Features

    Exterior Vinyl Lot Description CornerLevel Lot Dimensions 103X128 Outbuilding 2nd Detached Garage Outbuilding Sq Ft 594 Parking Spaces 4 Pool YN No Style One And Half Story Waterfront YN No

    Interior Features

    Above Grade Bedrooms 3 Above Grade Finished Sqft 2149 Above Grade Unfin Sq Ft 0 Amenities Near Walking Trail Basement Foundation Crawl Basement YN No Below Grade Baths 0 Below Grade Bedrooms 0 Below Grade Finished Sqft 0 Below Grade Unfin Sq Ft 0 Cooling Window Dishwashers 0 Disposals 0 Dryers 0 Flooring Mixed Heating Fuel Baseboard Main Level Sq Ft 1499 Microwaves 0 Ranges Ovens 3 Refrigerators 3 Rooms Below Grade 0 Total Baths 3 Total Below Grade Sqft 0 Total Sq Ft 2149 Unit1 Bathrooms 1 Unit1 Bedrooms 1 Unit2 Bathrooms 1 Unit2 Bedrooms 1 Unit3 Bathrooms 1 Unit3 Bedrooms 1 Upper Level Sq Ft 650 Wash Dry Hookups 0 Washers 0

    Property Features

    Annual Electric Expense 1498.4 Annual Fuel Expense 0 Annual Gross Rent 17508 Annual Insurance Expense 2214.84 Annual Maint Expense 0 Annual Misc 0 Annual Net Income 12127.05 Annual Property Tax 1174 Annual Trash Expense 0 Annual Water Sewer Exp 493.71 Assoc Dues Frequency Not Applicable Efficiencies 0 For Sale Or Rent For Sale Four Bedrooms 0 Gross Monthly Income 1459 Gross Monthly Rent 1459 Lease Term Month To Month New Construction No One Bedrooms 3 Owner Pays ElectricSewerWater Owner Real Estate License YN No Pet Restrictions YN No Planned Unit Dev YN No Property Sub Type Triplex Reo YN No Sale Includes BuildingLease Sewer City Tenant Pays Electric Three Bedrooms 0 Township Center Two Bedrooms 0 Unit1 Unit Rent 560 Unit2 Unit Rent 400 Unit3 Unit Rent 479 Units Rented 3 Water Utility City Year Taxes Payable 2021

    Listing courtesy of Ryan Orr of Re/Max Real Estate Groups.
    © 2021 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Parker Team | Keller Williams Realty.


    © 2021 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Parker Team | Keller Williams Realty. Data last updated: 2021-09-23T10:28:05.823.

     
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    Parker Team | Keller Williams Realty
    3298 McCarty Lane Suite A
    Lafayette IN, 47905