🧀MAKE AN OFFER 🌟 Multifamily Renter Occupied Quadplex & Duplex 5/6 income producing! on SAME PARCEL🌟 🧀

Delaware County, Muncie, IN, 47305
Sold
Listed at: March 27th, 2022
Price
$70,000
ARV
$250,000
Gross Margin
$180,000
Sq. Footage
3389
Type
Multifamily
Parking
On street
Year build
1880
Lot size
4791.00 sqft
Bedrooms
8
Bathrooms
6
Half Bathrooms
0
Summary

Units in Muncie

621 E. Main St (4 plex)

3325 sq ft

1. $425 monthly (1/1)

2. $450 monthly (1/1)

3. $425 monthly (1/1)

4. $650 monthly (2/2)


111 S. Vine St

1389 sq ft

1. $325 monthly (2/1)

2. Vacant (1/1)



Utilities Owner pays: gas, water, sewer, and electric for water heaters and outside lighting. The year 2021 average monthly total for these four utilities was a combined $365. Property taxes for 2021 were $1,478.

Tenants pay their own electricity, ie, heat and air conditioning.


Rehab for the 2 Buildings $40ish K


Rents are about Half of Market Value!! This is a decent opportunity to have passive monthly income & get your foot in the door in having your own little community in Muncie! Theres some single family opportunities I've got in Muncie as well!!!

If you're looking for other places in Indiana, I've got:

  • 1 left investment opportunities in Terre Haute, IN. ($35K-$45K) 1 SFH
  • 2 SFH Deals in Muncie ($28k-$55K)
  • 3 commercial deals in Cayuga, IN! ($15K-$20K)
  • 3 in Clinton, IN ($5K-$20K) SFH & 2 lots
  • Turn-key Opportunities in Anderson, IN ($14K to $215K) MFH

CHECK OUT MY OTHER DEALS!!

InvestorLift Deals

If you have any further questions or would like more information feel free to text me at 317-610-9834. Thanks for Your Time, Acquire JDF Jamie Franklin
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Jamie Franklin

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