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822 W Howard Street

Muncie, IN 47305
  • $150,000
  • STATUS: Pending
  • ON SITE: 185 Days
  • MLS #: 21948122
Under Contract
$150,000
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1885
County:

School Information

Elementary School:
Middle School:
School District:

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!

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© 2024 Metropolitan Indianapolis Board of REALTORS®. 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 BLC® listing service or RE/MAX Real Estate Groups.

Based on information submitted to the MLS GRID as of 2024-04-18T14:18:16.06. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
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822 W Howard Street Muncie, IN 47305

  • Price: $150,000
  • Status: Pending
  • On Site: 185 Days
  • MLS #: 21948122
0
Beds
0
Baths
0
½ Baths
0.18
Acres
1885
Built
Neighborhood:
No Subdivision
County:
Delaware
Area:
1808 - Delaware - Center
Elementary School:
South View Elementary School
Middle School:
Southside Middle School
High School:
Muncie Central High School
School District:
Muncie Community
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!
Exterior Features

Architectural Style TraditonalAmerican Construction Materials Brick Levels Two Lot Information CurbsSidewalksStreet LightsMature Trees Parking Features Street Only Road Access Access Rd Roof AsphaltShingle Structure Type Quadruplex View YN No Waterfront YN No

Interior Features

Basement Partial Basement YN Yes Heating Baseboard

Property Features

Acres <1/4 Acre Current Financing Conventional Current Use Apt<20 Expenses 0 Green Certification YN No Laundry No Laundry Facil. New Construction YN No Number Of Units Total 4 Possession NegotiableSubject To Tenants Rights Possible Use Apt<20 Property Attached YN No Property Sub Type Fourplex Semi Annual Property Tax Amt 702 Solid Waste No Tax Exemption None Tax Year 2022 Township Center Transaction Type Sale Zoning X

Listing provided courtesy of Coldwell Banker Real Estate Group: steveslavin@coldwellhomes.com. © 2024 Metropolitan Indianapolis Board of REALTORS®. Information Deemed Reliable But Not Guaranteed.


© 2024 Metropolitan Indianapolis Board of REALTORS®. 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 BLC® listing service or RE/MAX Real Estate Groups.

Based on information submitted to the MLS GRID as of 2024-04-18T14:18:16.06. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
 
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RE/MAX Real Estate Groups
2200 W. McGalliard Road
Muncie IN, 47304