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811 W Main Street , 1-5

Muncie, IN 47305
  • $144,900
  • STATUS: Active
  • ON SITE: 148 Days
  • MLS #: 202125810
Price Reduced
UPDATED: 43 min ago
$144,900
  • 9
    BEDS
  • 0.09
    ACRES
  • 5
    BATHS
  • 1
    1/2 BATHS
  • 3,940
    SQFT
Neighborhood:
Type:
Multi-Family
Built:
1890
County:
Area:

School Information

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

Description

Investment opportunity! 5-unit apartment building minutes from White River and BSU. 2.5 story property. On and off-Street parking available. The units are currently rented on 12-month leases. rent range $425-600 a month with utilities included. Units #1,2,3 and 5 are all 2 bedrooms. Unit #4 is a 1 bedroom. Units #5 has a 1.5 bath. Shared laundry room in the back with coin operated washer and dryers. The property features a metal roof and basement for easy access to systems.

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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: 2021-11-27T21:27:37.217.

www.parkerteamhomes.com/homes/118896925
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811 W Main Street , 1-5 Muncie, IN 47305

  • Price: $144,900
  • Status: Active
  • On Site: 148 Days
  • Updated: 43 min ago
  • MLS #: 202125810
9
Beds
5
Baths
1
½ Baths
0.09
Acres
3,940
SQFT
$37
$/SQFT
1890
Built
Neighborhood:
None
County:
Delaware
Area:
Delaware
Elementary School:
East Washington Academy
Middle School:
Northside
High School:
Central
School District:
Muncie Community Schools
Property Description
Investment opportunity! 5-unit apartment building minutes from White River and BSU. 2.5 story property. On and off-Street parking available. The units are currently rented on 12-month leases. rent range $425-600 a month with utilities included. Units #1,2,3 and 5 are all 2 bedrooms. Unit #4 is a 1 bedroom. Units #5 has a 1.5 bath. Shared laundry room in the back with coin operated washer and dryers. The property features a metal roof and basement for easy access to systems.
Exterior Features

Architectural Style Converted House Exterior Aluminum Location City/Town/Suburb Lot Description Level Lot Dimensions 33X125 Outbuilding None Parking LotPavedStreet Parking Spaces 5 Pool YN No Roof Material Metal Style Two And Half Story Waterfront YN No

Interior Features

Above Grade Bedrooms 9 Above Grade Finished Sqft 3940 Above Grade Unfin Sq Ft 0 Amenities BasementOff Street ParkingCable ReadyPorch CoveredWater Heater ElectricWater Heater GasSump Pump Basement Foundation CrawlPartial Basement Basement Material Block Basement YN Yes Below Grade Baths 0 Below Grade Bedrooms 0 Below Grade Finished Sqft 0 Below Grade Unfin Sq Ft 1526 Cooling None Dishwashers 0 Disposals 0 Dryers 1 Flooring Mixed Heating Fuel Forced AirGas Microwaves 0 Ranges Ovens 0 Refrigerators 0 Rooms Below Grade 0 Total Baths 6 Total Below Grade Sqft 1526 Total Sq Ft 5466 Unit1 Bathrooms 1 Unit1 Bedrooms 2 Unit2 Bathrooms 1 Unit2 Bedrooms 2 Unit3 Bathrooms 1 Unit3 Bedrooms 2 Unit4 Bathrooms 1 Unit4 Bedrooms 1 Unit5 Bathrooms 2 Unit5 Bedrooms 2 Wash Dry Hookups 0 Washers 1

Property Features

Annual Electric Expense 2468 Annual Fuel Expense 2468 Annual Gross Rent 8600 Annual Insurance Expense 0 Annual Maint Expense 0 Annual Misc 0 Annual Net Income -1524 Annual Property Tax 2720 Annual Trash Expense 0 Annual Water Sewer Exp 2468 Assoc Dues Frequency Not Applicable Buildings 1 Common Amenities Laundry Facilities Documents Available Income/ExpensesLBP FormSellers DisclosureUtility Bill InformationRent Roll Efficiencies 0 Electric Meters 1 For Sale Or Rent For Sale Four Bedrooms 0 Gas Meters 1 Gross Monthly Income 717 Gross Monthly Rent 2550 Lease Term 1 Year New Construction No One Bedrooms 1 Owner Pays ElectricFuelHeatingSewerWater Owner Real Estate License YN No Pet Restrictions YN Yes Planned Unit Dev YN No Property Sub Type Apartment Building Reo YN No Sale Includes BuildingLand Sewer City Tenant Pays None Three Bedrooms 0 Township Center Two Bedrooms 4 Unit1 Unit Rent 550 Unit2 Unit Rent 425 Unit3 Unit Rent 600 Unit4 Unit Rent 425 Unit5 Unit Rent 550 Units Rented 5 Water Meters 1 Water Utility City Year Taxes Payable 2021

Listing courtesy of Heather Clemmons of Starr Real Estate.
© 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: 2021-11-27T21:27:37.217.

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