Skip To Content

811 W Main Street

Muncie, IN 47305
  • $174,900
  • STATUS: Active
  • ON SITE: 37 Days
  • MLS #: 202244234
Price Reduced
UPDATED: 14 min ago
$174,900
  • 9
    BEDS
  • 0.1
    ACRES
  • 5
    BATHS
  • 1
    1/2 BATHS
  • 3,940
    SQFT
Neighborhood:
Type:
Multi-Family
Built:
1890
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Investment opportunity! 5-unit apartment building minutes from White River and BSU. 2.5 story property. On and off-Street parking available. Units 1 & 5 are currently rented on 12-month leases. Both are rented for $550 with utilities included. Units #1,2,3 and 5 are all 2 bedrooms. Unit #4 is a 1 bedroom. Units #5 has a 1.5 bath. Shared laundry room in the back with coin operated washer and dryers. The property features a metal roof and basement for easy access to systems.

Monthly Payment Calculator



© 2022 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Melton | ERA First Advantage Realty. Data last updated: 2022-12-02T14:28:54.823.

www.movingwithteammelton.com/homes/134245176
Print Image

811 W Main Street Muncie, IN 47305

  • Price: $174,900
  • Status: Active
  • On Site: 37 Days
  • Updated: 14 min ago
  • MLS #: 202244234
9
Beds
5
Baths
1
½ Baths
0.1
Acres
3,940
SQFT
$44
$/SQFT
1890
Built
Neighborhood:
None
County:
Delaware
Area:
Delaware
Elementary School:
East Washington Academy
Middle School:
Northside
High School:
Central
School District:
Muncie Community Schools
Property Description
Investment opportunity! 5-unit apartment building minutes from White River and BSU. 2.5 story property. On and off-Street parking available. Units 1 & 5 are currently rented on 12-month leases. Both are rented for $550 with utilities included. Units #1,2,3 and 5 are all 2 bedrooms. Unit #4 is a 1 bedroom. Units #5 has a 1.5 bath. Shared laundry room in the back with coin operated washer and dryers. The property features a metal roof and basement for easy access to systems.
Exterior Features

Architectural Style Converted House Exterior Vinyl Location City/Town/Suburb Lot Description 0-2.9999 Lot Dimensions 33X125 Outbuilding None Parking Off StreetStreet Parking Spaces 5 Pool YN No Roof Material Metal Style Two And Half Story Waterfront YN No

Interior Features

Above Grade Bedrooms 9 Above Grade Finished Sqft 3940 Above Grade Unfin Sq Ft 0 Amenities BasementOff Street ParkingCable AvailablePorch Covered Basement Foundation CrawlPartial Basement Basement YN Yes Below Grade Baths 0 Below Grade Bedrooms 0 Below Grade Finished Sqft 0 Below Grade Unfin Sq Ft 0 Cooling None Dishwashers 0 Disposals 0 Dryers 1 Flooring Mixed Heating Fuel GasForced Air Microwaves 0 Ranges Ovens 0 Refrigerators 0 Rooms Below Grade 0 Total Baths 6 Total Below Grade Sqft 0 Total Sq Ft 3940 Unit1 Bathrooms 1 Unit1 Bedrooms 2 Unit1 Sq Ft 788 Unit2 Bathrooms 1 Unit2 Bedrooms 2 Unit2 Sq Ft 788 Unit3 Bathrooms 1 Unit3 Bedrooms 2 Unit3 Sq Ft 788 Unit4 Bedrooms 2 Unit4 Sq Ft 788 Unit5 Bedrooms 2 Unit5 Sq Ft 788 Wash Dry Hookups 0 Washers 1

Property Features

Annual Electric Expense 2468 Annual Fuel Expense 2468 Annual Gross Rent 33000 Annual Insurance Expense 0 Annual Maint Expense 0 Annual Misc 0 Annual Net Income 22876 Annual Property Tax 2720 Annual Trash Expense 0 Annual Water Sewer Exp 2468 Assoc Dues Frequency Not Applicable Auction Y / N No Common Amenities Laundry Facilities Documents Available Lbp FormSellers Disclosure Efficiencies 0 Electric Meters 1 For Sale Or Rent For Sale Four Bedrooms 0 Gas Meters 1 Gross Monthly Income 2750 Gross Monthly Rent 2750 Lease Term 1 Year New Construction No One Bedrooms 1 Owner Pays ElectricFuelHeatingMaintenanceSewerTaxTrash CollectionWater Owner Real Estate License YN No Pet Restrictions YN Yes Planned Unit Dev YN No Property Sub Type Fiveplex Reo YN No Sale Includes BuildingLandLease Sewer City Tenant Pays None Three Bedrooms 0 Township Center Two Bedrooms 4 Unit1 Unit Rent 550 Unit1- Currently Rntd Y / N Yes Unit2 Unit Rent 550 Unit2- Currently Rntd Y / N No Unit3 Unit Rent 550 Unit3- Currently Rntd Y / N Yes Unit4 Unit Rent 550 Unit4- Currently Rntd Y / N No Unit5 Unit Rent 550 Unit5- Currently Rntd Y / N Yes Units Rented 2 Water Meters 1 Water Utility City Year Taxes Payable 2022

Listing provided by Heather Clemmons of Starr Real Estate: [IDXCONTACTINFORMATION].
© 2022 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Melton | ERA First Advantage Realty.


© 2022 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Melton | ERA First Advantage Realty. Data last updated: 2022-12-02T14:28:54.823.

 
https://bt-photos.global.ssl.fastly.net/irmls/orig_boomver_1_202244234-2.jpg https://bt-photos.global.ssl.fastly.net/irmls/orig_boomver_1_202244234-2.jpg https://bt-photos.global.ssl.fastly.net/irmls/orig_boomver_1_202244234-2.jpg
Logo
Team Melton | ERA First Advantage Realty
8711 W Highway 66
Newburgh IN, 47630