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Description

Don't miss this investment opportunity! Built to be a Duplex. Separated meters. 2 water heaters, 2 gas furnaces and 2 central air units. This 2-story side by side is over 3800 sq.ft. Spacious 3 bedroom and 1.5-bathroom apartments with w/d hook ups. Currently both units rented on 12-month leases. unit 614 @ $550 month and 616 @ $600 month rents. Renter pays all utilities (gas, electric, w/s/t). Owner provides Mowing. Partial Basement. Large wrap around porch adds plenty of curb appeal to this rare building

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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 Ferris Property Group.
www.indyhomehunt.com/homes/120783803
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614 N Mulberry Street , 614-616 Muncie, IN 47305

  • Price: $79,900
  • Status: Pending
  • Updated: 202 min ago
  • MLS #: 21809127
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Beds
0
Baths
0
½ Baths
0.12
Acres
1900
Built
Neighborhood:
No Subdivision
County:
Delaware
Area:
1808 - Delaware - Center
School District:
Muncie Community
Property Description
Don't miss this investment opportunity! Built to be a Duplex. Separated meters. 2 water heaters, 2 gas furnaces and 2 central air units. This 2-story side by side is over 3800 sq.ft. Spacious 3 bedroom and 1.5-bathroom apartments with w/d hook ups. Currently both units rented on 12-month leases. unit 614 @ $550 month and 616 @ $600 month rents. Renter pays all utilities (gas, electric, w/s/t). Owner provides Mowing. Partial Basement. Large wrap around porch adds plenty of curb appeal to this rare building
Exterior Features

Architectural Style Traditonalamerican Construction Materials Vinyl Siding Foundation Details BlockFull Levels Two Lot Information Not In Subdivision Lot Size 5227 Structure Type Duplex Unit Parking Other

Interior Features

Full Baths MU 0 Half Baths MU 0 Rooms MU 0 Rooms Total MU 0 Sq Ft Main Upper 0

Property Features

Acres <1/4 Acre Building Information No Furniture Building Utilities Separate Electric MeterSeparate Gas MeterSeparate Sewer MeterWater Disclosure Other Sales Disclosure On File Disclosures Not Applicable Dpr YN Yes Expenses 1401 Green Certification YN No Gross Operating Income 7750 Laundry Connections All Lot Number 0 New Construction YN No Number Of Units Total 2 Operating Expense Includes InsurancePropTaxes Possession Tenantrights Property Attached YN Yes Property Sub Type 1-4 Units Residential Reo Relocation YN No Rooms Total 0 Semi Annual Property Tax Amt 513 Solid Waste No Tax Exemption None Tax Year 2021 Tenant Pays ElectricityGasSewerWater Township Center Transaction Type Sale

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 Ferris Property Group.
 
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Ferris Property Group
5868 E. 71st Street, Suite E-609
Indianapolis IN, 46220