Property Address: 822 W Howard St, Muncie, IN, 47305-2251
Average square foot calculated using Size range provided by listing agent.
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!