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Listed by Richard Graham • Fair Market Value Investment Sales
$ 70,000
Est. payment | /mo
2 Beds
1 Bath
1,336 SqFt
$ 70,000
Est. payment | /mo
2 Beds
1 Bath
1,336 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,336 sqft
Price per Sqft $52
Subdivision W S Hall
MLS Listing ID 22017876
Bedrooms 2
Full Baths 1
HOA Y/N No
Year Built 1937
Tax Year 2023
Lot Size 8,276 Sqft
Acres 0.19
Property Sub-Type Single Family Residence
Property Description
Attention investors. Don't miss this opportunity to add immediate cash flow to your portfolio. Property has been newly rehabbed on the interior. Tenant moving in on 2/1 at $750 a month. Tenant pays utilities. With management and current expenses this rental offers a 13% ROI or 19.5% if self-managed. Muncie continues to improve economically. Tremendous amount of investment in housing, business and local development. I.E. New "Canpack" faciility and Revitalization of Ball State Village. See Indiana Business Report Muncie Forecast 2025 in attached documents.
Location
State IN
County Delaware
Rooms
Main Level Bedrooms 2
Interior
Interior Features Hi-Speed Internet Availbl, Eat-in Kitchen
Heating Electric
Cooling None
Fireplace Y
Appliance Electric Cooktop
Exterior
Garage Spaces 1.0
Building
Story One
Foundation Block
Water Municipal/City
Architectural Style Bungalow
Structure Type Wood
New Construction false
Schools
School District Muncie Community Schools
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