1/2 Vacant Duplex- Massive Cashflow Available

  • $47500
  • 3 beds
  • 2 baths
  • 1799 sqft
Upstairs Unit 1 Bed 1 Bath- Vacant
Downstairs Unit 3 Bed 1 Bath – Occupied month to month paying $675 a month plus utilities
 
Upstairs Unit: Market Rents $600-$650
Downstairs Unit: Market Rents $800-$1100
Comps
4 bd3 ba 1,856 sqft 523 E Charles St, Muncie, IN 47305 Sold: $134,200 Sold on 03/25/22
4 bd2 ba1,740 sqft 610 W Beechwood Ave, Muncie, IN 47303 Sold: $120,000 Sold on 03/25/22
4 bd2 ba2,208 sqft 215 S Monroe St, Muncie, IN 47305 Sold: $113,500 Sold on 02/25/22
ARV: $100,000-$110,000
 
Additional Info:
Utilities are separately metered, Washer and Dryer in downstairs Unit, Full Dry basement, Mechanicals all replaced and working, Roof is 1 year old, Electric just installed 10 months ago. It will need a new gutter system and siding on the outside by the closed off entrance to one of the downstairs bedroom where the board is. Upstairs unit will need to be finished as well. 
Price:
$47500
Address:
1219 S Hoyt Ave
Muncie, IN 47302
Square Feet:
1799
Lot Size:
4880
Bedrooms:
3
Bathrooms:
2
Terms:
Assignment of Contract
Property Type:
Duplex
Year Built:
1900
Basement:
Full Dry Basement

Additional Features

CASH FLOW!!!

Call 844-760-1311 for more details

Property Location