$125,000
$150,000
16.7%For more information regarding the value of a property, please contact us for a free consultation.
7,840 Sqft Lot
SOLD DATE : 05/03/2024
Key Details
Sold Price $125,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Subdivision No Subdivision
MLS Listing ID 21948122
Sold Date 05/03/24
Year Built 1885
Tax Year 2022
Lot Size 7,840 Sqft
Acres 0.18
Property Description
Investment opportunity! All 4 units now leased! There have been a number of improvements to this property since the last owner. This is a bit unique as there's another house on the property that is unfinished that is included with this parcel. There's tons of opportunity with this! 2 main floor units are currently rented at $685 and $725 per month total (through 6/24 & 7/24) and the 2 upstairs units are rented at $700 and $671 per month total (through 4/25 & 5/25). Included in the rent total rent prices, tenants pay for a portion of utilities. More specifics available on lease information if needed. $2,250 is the total monthly cash flow after utilities and fees ($27,000 per year cash flow). The vacant pictures are the units upstairs. The seller has never lived in the home and he's motivated to sell!
Location
State IN
County Delaware
Zoning X
Rooms
Basement Partial
Interior
Heating Baseboard
Fireplace N
Exterior
Waterfront false
View Y/N false
Roof Type Asphalt,Shingle
Parking Type Street Only
Building
Story Two
Architectural Style TraditonalAmerican
Structure Type Brick
New Construction false
Schools
Elementary Schools South View Elementary School
Middle Schools Southside Middle School
High Schools Muncie Central High School
School District Muncie Community Schools
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