114 8th, Muncie, IN 47302
Overview
| MLS ID: | #202339123 |
|---|---|
| Price: | $ 219,000 |
| Sq Ft: | 2,808 |
| Finished Sq Ft: | 3,159 |
| Lot Size: | 0.14 Acres |
| Year Built: | 1886 |
| Bedrooms: | 9 |
| Full Bathrooms: | 3 |
| Half Bathrooms: | |
| Taxes: | $ 1,000 |
Investment opportunity! Fully leased trip-plex located on the Southside of down just off S Walnut and not far from Downtown Muncie. Each unit that has 3 bedrooms and 1 bath (plus a living room, kitchen, and the W/D is in the kitchen). One unit that has 2 floors (the one to the right or East). Parking is in the rear. One unit has a newer furnace. Apt 1: leased through 4/2024 at $920 total per month. This total includes a portion of the utilities. Apt 2: leased through 6/2024 at $1000 total per month. This total includes a portion of the utilities and 2 fees. Apt 3 is leased through 5/2024 and is Section 8 at $800 per month. Tenant #3 has gas and electric in their name. Total Monthly Cash Flow is $2,400 after utilities and fees, $28,800 annualized.
MLS ID: 202339123
Details
| # of Units | 3 |
|---|---|
| Price Per Unit | 73,000 |
| Above Grade Finished SF | 2,808 |
| Above Grade Unfinished SF | 1 |
| Main Level SF | 1,404 |
| Upper Level SF | 1,404 |
| Combined Finished SF | 3,159 |
| Below Grade Finished SF | 351 |
| Below Grade Unfinished SF | 0 |
| Total Below Grade SF | 351 |
| Total Sq Ft | 3,159 |
| Lot Dimensions | X |
| Approx Lot Size SqFt | 6,098 |
| Approx Lot Size Acres | 0.140 |
| Garage SF | 0 |
|---|---|
| Garage # of Cars | 1 |
| # of Fireplaces | 5 |
| Water Front | No |
|---|
| Style | Two Story |
|---|---|
| New Construction | No |
| Elementary School | Southview |
|---|---|
| Middle School | Southside |
| Senior | Central |
| District | Muncie Community Schools |
| # Bedrooms | 9 |
|---|---|
| # of Full Baths | 3 |
| # of Half Baths | 0 |
| # Above Grade Bedrooms | 5 |
| Family Room | 800 x 800 |
| Bedroom 5 | 3 x 3 |
| Other Room 2 | 3 x 2400 |
| Other Room 3 | 3 x |
| Annual Gross Rent Income | $28,800.00 |
|---|---|
| Annual Sewer Expense | $0.00 |
| Annual Fuel Expense | $0.00 |
| Annual Electric Expense | $0.00 |
| Annual Trash Expense | $0.00 |
| Annual Property Tax | $1,268.00 |
Map
Listing Office: Coldwell Banker Real Estate Group
Listing Agent: Steve Slavin
Disclaimer:
Mortgage
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