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    1517 S Walnut Street

    Muncie, IN 47302
    • $169,900
    • STATUS: Active
    • ON SITE: 39 days
    • MLS #: 21770393
    $169,900
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1948
    County:

    School Ratings & Info

    School District:

    Description

    Investment Opportunity - 11-unit Apartments and an office space. All on South Walnut Street in Muncie. 2- two story commercial buildings (1523- 2 units/ office and 1525- 3units). A two story 6-unit apartment building (1517-1519)and a parking lot (1513). Rents range $450-500 per unit. All utilities included. As the units become available upgrades have been made to the vacant unit. Most units still have Not been remodeled and do need some improvements. Most units have long term renters on month-to-month leases. Upgrades include perseller: 2 new water heaters, rubber roof over unit 2 and a complete upgrade in unit 3.

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    © 2021 Metropolitan Indianapolis Board of REALTORS®. 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 BLC® listing service or Corbett & Company | Keller Williams.
    www.corbettandcompany.com/homes/114902820
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    1517 S Walnut Street Muncie, IN 47302

    • Price: $169,900
    • Status: Active
    • MLS #: 21770393
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    1948
    Built
    Neighborhood:
    No Subdivision
    County:
    Delaware
    Area:
    1808 - Delaware - Center
    School District:
    Muncie Community
    Property Description
    Investment Opportunity - 11-unit Apartments and an office space. All on South Walnut Street in Muncie. 2- two story commercial buildings (1523- 2 units/ office and 1525- 3units). A two story 6-unit apartment building (1517-1519)and a parking lot (1513). Rents range $450-500 per unit. All utilities included. As the units become available upgrades have been made to the vacant unit. Most units still have Not been remodeled and do need some improvements. Most units have long term renters on month-to-month leases. Upgrades include perseller: 2 new water heaters, rubber roof over unit 2 and a complete upgrade in unit 3.
    Exterior Features

    Architectural Style Traditonalamerican Exterior Wood Brick Foundation Slab Lot Information Busline Lot Size 6670 Unit Parking On StreetPaved Area

    Interior Features

    Baths Total 0.00 Building Information No Furniture Building Levels Two Laundry Nolaundry Rooms Total 0 Square Foot Main Upper 0

    Property Features

    Building Utilities ElectricSewerWaterGas Connected Contingency Act With No Contingency Conversion No Direct Soliciting No Disclosures Not Applicable Expenses 18000 Gross Operating Income 60600 Inspection Warranties Not Applicable Investment Yes New Construction No Operating Expense InsuranceMaintenancePropTaxesRepairsUtilities Other Disclosures PackageSales Disclosure On File Possession Tenantrights Property Attached YN No Property Sub Type 5+Units Commercial Semi Annual Property Tax Amount 1646 Tax Exemption None Tenant Pays Rent Only Township Center Transaction Type Sale Unit Count 1

    Listing provided courtesy of Starr Real Estate, Inc.. © 2021 Metropolitan Indianapolis Board of REALTORS®. Information Deemed Reliable But Not Guaranteed.


    © 2021 Metropolitan Indianapolis Board of REALTORS®. 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 BLC® listing service or Corbett & Company | Keller Williams.
     
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    Corbett & Company | Keller Williams
    8555 N River Rd #200
    Indianapolis IN, 46240