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817 821/821.5 W Main Street

Muncie, IN 47305
  • $269,900
  • STATUS: Active
  • ON SITE: 109 Days
  • MLS #: 202242235
UPDATED: 69 min ago
$269,900
  • 10
    BEDS
  • 0.27
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
  • 5,052
    SQFT
Neighborhood:
Type:
Multi-Family
Built:
1900
County:
Area:

School Information

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

Description

6 fully rented units for sale!! This combo deal is an investor's dream. There are 2 buildings, 817 & 821/821.5 W Main, with 3 units each and a parking lot between the two. There is even more parking behind 817 Main. 817 Main: Apt A is a studio at $600 rent with all utilities included. Apt B is a 1 bed/1 bath at $550 and all utilities included. Apt C is a 3 bed/1 bath at $700 rent, tenant pays electric and owner pays gas and W/T/S. Apt A and B share a gas furnace and a gas water heater in the basement. Apt C has a gas furnace and gas water heater upstairs. (2 electric meters and one gas meter) 821 Main: Unit 821 is a 1 bed/1 bath at $425 rent, tenant pays gas, electric, and half of W/T/S bill and owner pays other half of W/T/S bill. Unit 823 is a 3 bed/1 bath at $800 rent, tenant pays electric and gas and owner pays W/T/S. Unit 104 Proud is 1 bed/1 bath at $550, tenant pays electric and gas and owner pays W/T/S. There are 3 gas furnaces, one for each unit. Units 821/823 share an electric water heater and unit 104 has a gas water heater. (3 gas meters and 3 electric meters)

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© 2023 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 Anthony REALTORS. Data last updated: 2023-01-29T07:29:19.443.

www.indianahomehub.com/homes/133834313
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817 821/821.5 W Main Street Muncie, IN 47305

  • Price: $269,900
  • Status: Active
  • On Site: 109 Days
  • Updated: 69 min ago
  • MLS #: 202242235
10
Beds
6
Baths
0
½ Baths
0.27
Acres
5,052
SQFT
$53
$/SQFT
1900
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
6 fully rented units for sale!! This combo deal is an investor's dream. There are 2 buildings, 817 & 821/821.5 W Main, with 3 units each and a parking lot between the two. There is even more parking behind 817 Main. 817 Main: Apt A is a studio at $600 rent with all utilities included. Apt B is a 1 bed/1 bath at $550 and all utilities included. Apt C is a 3 bed/1 bath at $700 rent, tenant pays electric and owner pays gas and W/T/S. Apt A and B share a gas furnace and a gas water heater in the basement. Apt C has a gas furnace and gas water heater upstairs. (2 electric meters and one gas meter) 821 Main: Unit 821 is a 1 bed/1 bath at $425 rent, tenant pays gas, electric, and half of W/T/S bill and owner pays other half of W/T/S bill. Unit 823 is a 3 bed/1 bath at $800 rent, tenant pays electric and gas and owner pays W/T/S. Unit 104 Proud is 1 bed/1 bath at $550, tenant pays electric and gas and owner pays W/T/S. There are 3 gas furnaces, one for each unit. Units 821/823 share an electric water heater and unit 104 has a gas water heater. (3 gas meters and 3 electric meters)
Exterior Features

Exterior Vinyl Location City/Town/Suburb Lot Description 0-2.9999Corner Lot Dimensions 62X12531X125 Outbuilding None Parking Off StreetStreet Parking Spaces 6 Pool YN No Roof Material Shingle Style Two Story Waterfront YN No

Interior Features

Above Grade Bedrooms 10 Above Grade Finished Sqft 5052 Above Grade Unfin Sq Ft 0 Amenities BasementOff Street ParkingCable AvailableCountertops-LaminateOpen Floor PlanPorch Covered Basement Foundation Partial Basement Basement YN Yes Below Grade Baths 0 Below Grade Bedrooms 0 Below Grade Finished Sqft 0 Below Grade Unfin Sq Ft 2158 Cooling None Dishwashers 0 Disposals 0 Dryers 0 Flooring Mixed Heating Fuel Forced AirGas Microwaves 0 Ranges Ovens 0 Refrigerators 0 Rooms Below Grade 0 Total Baths 6 Total Below Grade Sqft 2158 Total Sq Ft 7210 Unit1 Bathrooms 1 Unit1 Bedrooms 1 Unit2 Bathrooms 1 Unit2 Bedrooms 1 Unit3 Bathrooms 1 Unit3 Bedrooms 3 Unit4 Bedrooms 1 Unit5 Bedrooms 3 Unit6 Bathrooms 1 Unit6 Bedrooms 1 Wash Dry Hookups 0 Washers 0

Property Features

Annual Electric Expense 700 Annual Fuel Expense 4016 Annual Gross Rent 43500 Annual Insurance Expense 0 Annual Maint Expense 0 Annual Misc 0 Annual Net Income 35730 Annual Property Tax 1140 Annual Trash Expense 0 Annual Water Sewer Exp 1914 Assoc Dues Frequency Not Applicable Auction Y / N No Buildings 2 Documents Available Lbp FormSellers Disclosure Efficiencies 0 Electric Meters 5 For Sale Or Rent For Sale Four Bedrooms 0 Gas Meters 4 Gross Monthly Income 3625 Gross Monthly Rent 3625 Lease Term 1 Year New Construction No One Bedrooms 4 Owner Pays ElectricFuelSewerTaxTrash CollectionWater Owner Real Estate License YN No Pet Restrictions YN Yes Planned Unit Dev YN No Property Sub Type Sixplex Reo YN No Sale Includes BuildingLandLease Sewer City Tenant Pays ElectricFuelSewerTrash CollectionWater Three Bedrooms 2 Township Center Two Bedrooms 0 Unit1 Unit Rent 600 Unit1- Currently Rntd Y / N Yes Unit2 Unit Rent 550 Unit2- Currently Rntd Y / N Yes Unit3 Unit Rent 700 Unit3- Currently Rntd Y / N Yes Unit4 Unit Rent 425 Unit4- Currently Rntd Y / N Yes Unit5 Unit Rent 800 Unit5- Currently Rntd Y / N Yes Unit6 Unit Rent 550 Unit6- Currently Rntd Y / N Yes Units Rented 6 Water Meters 2 Water Utility City Year Taxes Payable 2021

Listing provided by Heather Clemmons of Starr Real Estate: [IDXCONTACTINFORMATION].
© 2023 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 Anthony REALTORS.


© 2023 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 Anthony REALTORS. Data last updated: 2023-01-29T07:29:19.443.

 
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