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1500 W 16th Street

Muncie, IN 47302
  • $74,900
  • STATUS: Active
  • ON SITE: 42 Days
  • MLS #: 202421346
Price Reduced
UPDATED: 102 min ago
$74,900
  • 3
    BEDS
  • 0.17
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,440
    SQFT
Neighborhood:
Type:
Multi-Family
Built:
1949
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing provided by Laura Wright of PPG Real Estate LLC: Cell: 765-208-0958.

Description

Attention Investors! This triplex has the potential for a high yield return on investment. Unit 1 has recently been vacated and is ready for a new tenant. Unit 1 has been leased for $575 in the past. Unit 2 is currently leased @ $575/month. Unit 3 is in need of renovation. Cash flow reports, leases and profit potential report is available upon request. AS-IS

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© 2024 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 Team Reagan Homes | Blackrock Real Estate Services. Data last updated: 2024-07-25T00:27:54.057.

www.teamreaganhomes.com/homes/151585980
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1500 W 16th Street Muncie, IN 47302

  • Price: $74,900
  • Status: Active
  • On Site: 42 Days
  • Updated: 102 min ago
  • MLS #: 202421346
3
Beds
2
Baths
0
½ Baths
0.17
Acres
1,440
SQFT
$52
$/SQFT
1949
Built
Neighborhood:
Chase(S)
County:
Delaware
Area:
Delaware
Elementary School:
Southview
Middle School:
Southside
High School:
Central
School District:
Muncie Community Schools
Property Description
Attention Investors! This triplex has the potential for a high yield return on investment. Unit 1 has recently been vacated and is ready for a new tenant. Unit 1 has been leased for $575 in the past. Unit 2 is currently leased @ $575/month. Unit 3 is in need of renovation. Cash flow reports, leases and profit potential report is available upon request. AS-IS
Exterior Features

Exterior Aluminum Lot Description 0-2.9999 Lot Dimensions 60x125 Outbuilding None Parking Spaces 4 Pool YN No Style Two Story Waterfront YN No

Interior Features

Above Grade Bedrooms 3 Above Grade Finished Sqft 1440 Above Grade Unfin Sq Ft 0 Amenities Countertops-Laminate Basement Foundation Crawl Basement YN No Below Grade Baths 0 Below Grade Bedrooms 0 Below Grade Finished Sqft 0 Below Grade Unfin Sq Ft 0 Cooling Window Dishwashers 0 Disposals 0 Dryers 0 Flooring LaminateUnfinished Heating Fuel Forced Air Microwaves 0 Ranges Ovens 0 Refrigerators 0 Rooms Below Grade 3 Total Baths 2 Total Below Grade Sqft 0 Total Sq Ft 1440 Unit1 Bathrooms 1 Unit1 Bedrooms 1 Unit1 Sq Ft 432 Unit2 Bathrooms 1 Unit2 Bedrooms 1 Unit2 Sq Ft 432 Unit3 Bathrooms 1 Unit3 Bedrooms 2 Unit3 Sq Ft 576 Wash Dry Hookups 0 Washers 0

Property Features

Annual Electric Expense 0 Annual Fuel Expense 0 Annual Gross Rent 6900 Annual Insurance Expense 0 Annual Maint Expense 2200 Annual Misc 0 Annual Net Income 3520 Annual Property Tax 900 Annual Trash Expense 0 Annual Water Sewer Exp 280 Assoc Dues Frequency Not Applicable Auction Y / N No Efficiencies 0 Electric Meters 1 For Sale Or Rent For Sale Four Bedrooms 0 Gas Meters 1 Gross Monthly Income 575 Gross Monthly Rent 575 Lease Term 1 YearNone New Construction No One Bedrooms 2 Owner Pays Building InsuranceFuelLawn MaintenanceMaintenanceTax Owner Real Estate License YN No Pet Restrictions YN No Planned Unit Dev YN No Property Sub Type Triplex Reo YN No Sale Includes Lease Sewer Public Tenant Pays ElectricSewerWater Three Bedrooms 0 Township Center Two Bedrooms 1 Unit1 Unit Rent 0 Unit1- Currently Rntd Y / N No Unit1- Garage Y / N No Unit2 Unit Rent 550 Unit2- Currently Rntd Y / N Yes Unit2- Garage Y / N No Unit3- Currently Rntd Y / N No Units Rented 1 Water Meters 1 Water Utility Public Year Taxes Payable 2023

Listing provided by Laura Wright of PPG Real Estate LLC: Cell: 765-208-0958.

© 2024 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 Team Reagan Homes | Blackrock Real Estate Services.


© 2024 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 Team Reagan Homes | Blackrock Real Estate Services. Data last updated: 2024-07-25T00:27:54.057.

 
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Team Reagan Homes | Blackrock Real Estate Services
179 S Calumet Ave
Chesterton IN, 46304
Listing provided by Laura Wright of PPG Real Estate LLC: Cell: 765-208-0958.