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114 E 8th Street

Muncie, IN 47302
  • $219,000
  • STATUS: Active
  • ON SITE: 123 Days
  • MLS #: 202339123
UPDATED: 17 min ago
$219,000
  • 9
    BEDS
  • 0.14
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 3,159
    SQFT
Neighborhood:
Type:
Multi-Family
Built:
1886
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing provided by Steve Slavin of Coldwell Banker Real Estate Group: Cell: 317-701-5006.

Description

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.

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© 2024 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 McAfee Home Group | Century 21 Realty, Inc.. Data last updated: 2024-02-25T20:29:19.62.

www.myindianahomes.com/homes/144659199
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114 E 8th Street Muncie, IN 47302

  • Price: $219,000
  • Status: Active
  • On Site: 123 Days
  • Updated: 17 min ago
  • MLS #: 202339123
9
Beds
3
Baths
0
½ Baths
0.14
Acres
3,159
SQFT
$69
$/SQFT
1886
Built
Neighborhood:
Anthony Park
County:
Delaware
Area:
Delaware
Elementary School:
Southview
Middle School:
Southside
High School:
Central
School District:
Muncie Community Schools
Property Description
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.
Exterior Features

Architectural Style Traditional Driveway Gravel Exterior Vinyl Fence None Location City/Town/Suburb Lot Description Corner0-2.9999 Lot Dimensions X Outbuilding None Parking GravelStreet Parking Spaces 0 Pool YN No Roof Material Shingle Sea Wall Type None Style Two Story Waterfront YN No

Interior Features

Above Grade Bedrooms 9 Above Grade Finished Sqft 2808 Above Grade Unfin Sq Ft 0 Amenities BasementCable ReadyCountertops-Solid SurfDeck OpenDetector-SmokeEat-In KitchenPorch CoveredTwin Sink VanityWater Heater GasWasher Hook-Up Basement Foundation Partial Basement Basement YN Yes Below Grade Baths 0 Below Grade Bedrooms 0 Below Grade Finished Sqft 351 Below Grade Unfin Sq Ft 0 Cooling Window Dishwashers 0 Disposals 0 Dryers 0 Flooring Vinyl Heating Fuel GasForced Air Main Level Sq Ft 1404 Microwaves 0 Ranges Ovens 3 Refrigerators 3 Rooms Below Grade 9 Total Baths 3 Total Below Grade Sqft 351 Total Sq Ft 3159 Unit1 Basement YN No Unit1 Bathrooms 1 Unit1 Bedrooms 3 Unit2 Basement YN No Unit2 Bathrooms 1 Unit2 Bedrooms 3 Unit3 Basement YN No Unit3 Bathrooms 1 Unit3 Bedrooms 3 Upper Level Sq Ft 1404 Wash Dry Hookups 3 Washers 0

Property Features

Annual Electric Expense 0 Annual Fuel Expense 0 Annual Gross Rent 28800 Annual Insurance Expense 1000 Annual Maint Expense 0 Annual Misc 0 Annual Net Income 26532 Annual Property Tax 1268 Annual Trash Expense 0 Annual Water Sewer Exp 0 Assoc Dues Frequency Not Applicable Auction Y / N No Buildings 1 Cable Company ComcastAT&T Documents Available LBP FormLeaseSellers Disclosure Efficiencies 0 Electric Company AEP/I&M Exemptions No Exemptions For Sale Or Rent For Sale Four Bedrooms 0 Gas Company CenterPoint Energy Gross Monthly Income 2400 Gross Monthly Rent 2400 Lease Term 1 Year New Construction No One Bedrooms 0 Owner Pays SewerTrash CollectionWater Owner Real Estate License YN No Pet Restrictions YN No Planned Unit Dev YN No Property Sub Type Triplex Proposed Financing CashConventional Reo YN No Restrictions YN No Sale Includes BuildingLease Sewer City Tenant Pays ElectricFuel Three Bedrooms 3 Township Center Two Bedrooms 0 Unit1 Unit Rent 800 Unit1- Currently Rntd Y / N Yes Unit1- Garage Y / N No Unit2 Unit Rent 800 Unit2- Currently Rntd Y / N Yes Unit2- Garage Y / N No Unit3 Unit Rent 800 Unit3- Currently Rntd Y / N Yes Unit3- Garage Y / N No Units Rented 3 Water Company Indiana American Water CoMuncie Sanitary Dist. Water Utility City Year Taxes Payable 2022

Listing provided by Steve Slavin of Coldwell Banker Real Estate Group: Cell: 317-701-5006.

© 2024 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 McAfee Home Group | Century 21 Realty, Inc..


© 2024 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 McAfee Home Group | Century 21 Realty, Inc.. Data last updated: 2024-02-25T20:29:19.62.

 
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McAfee Home Group | Century 21 Realty, Inc.
2928 E Dupont Rd
Fort Wayne IN, 46825
Listing provided by Steve Slavin of Coldwell Banker Real Estate Group: Cell: 317-701-5006.