Turnkey Property Ready to Rent Out! Assigned

  • $45,000
  • 2 beds
  • 1 baths
  • 1440 sqft

Property Description:

This TURN KEY 2 bedroom 1 bathroom, 1440sqft SFH in  Muncie would make a perfect rental or flip.  Enough sqft to add a third bedroom and increase rents and ARV! 10% Cap rate if you bring to market rent.  Big back yard.  Basement sqft 718.

 

ARV: $60-75k

 

Rehab: 

This property is turn key.  Electric, plumbing, furnace, water heater in good condition.  Hard wood floors look brand new and the bathroom is in great condition too.  You could update flooring in the kitchen and put new appliances in for top dollar rents and ARV.  Roof is in good condition, as are the windows. 

 

Income:

The property could be rented out for around $750 a month on a long term basis or $850 if you add a bedroom. 

 

Photos, Videos & rental calculator:

https://www.dropbox.com/sh/f4clby2fho522s4/AAD4ceRbhj63jmAqMqJCZ156a?dl=0

 

Comparables:

Price:
$45,000
Address:
2211 S Pershing Dr
Muncie, Indiana 47302
Square Feet:
1440
Lot Size:
5750
Bedrooms:
2
Bathrooms:
1
Terms:
Assignment of Contract
Property Type:
Home
Basement:
720 Sqft Basement

Call (833) 457 -1476 for more details

Property Location