1709 S Elm ST new Save Request In-Person Tour Request Virtual Tour
Muncie,IN 47302
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision G Addition
MLS Listing ID 22025319
Year Built 1894
Tax Year 2023
Lot Size 6,534 Sqft
Acres 0.15
Property Sub-Type Duplex
Property Description
Turnkey Duplex Investment Opportunity! Attention investors! This fully remodeled duplex offers an excellent opportunity for immediate cash flow. Renovated in early 2024, this property is professionally managed by Morgan Properties and features two updated units with fully split utilities, allowing the burden of those costs to fall directly on to your tenants. GROSS INCOME: $1,649.00/MONTH Property Highlights: Fully Remodeled (2023/2024) - Modern upgrades throughout both units Immediate Rental Income - Lower unit rented at $949/month, the upstairs unit to be leased on March 10, 2025 at $700/month Tenants Pay All Utilities - Lower expenses for the owner Separate Meters - Tenants responsible for all utilities Professional Management - Professionally managed by Morgan Properties for a turn-key investment opportunity with a team already in place to support you. Located in a growing rental market, this duplex is an ideal addition to any investor's portfolio. With stable tenants and updated interiors, it's a turnkey property ready to generate income. Property is being sold As-Is Don't miss out!
Location
State IN
County Delaware
Interior
Heating Forced Air
Cooling None
Fireplace N
Exterior
Roof Type Shingle
Building
Story Two
Foundation Concrete Perimeter,Block
New Construction false
Schools
School District Muncie Community Schools