1112-1114 N Elm St, Muncie, IN 47303
- $125,000
- 4
- BD
- 3
- BA
- 1,868
- SqFt
Listing courtesy of Lisa Buckner from RE/MAX Real Estate Groups.
- List Price
- $125,000
- Status
- ACTIVE
- MLS#
- 202635206
- Price Change
- ▼ $10,000 1788976855
- Style
- Other
- Year Built
- 1893
- Days On Market
- Unknown
- Bedrooms
- 4
- Bathrooms
- 3
- Living Area
- 1,868
- Township
- Center
Property Description
Income-producing triplex currently generating $2,135 per month in gross rental income! This property offers three separate units consisting of two 1-bedroom units and one 2-bedroom unit, providing an established multi-unit investment opportunity. The property features separate living spaces with kitchens and baths for each unit, along with a mix of updated flooring, cabinetry and finishes throughout. Exterior vinyl siding and a covered front porch add to the property, while the layout provides three distinct rental units under one roof. With $25,620 in current annual gross rental income, this triplex offers an opportunity to add an income-producing property to your portfolio without starting from scratch. Whether you're looking to expand an existing rental portfolio or purchase your first multi-unit investment, the numbers make this one worth a look. Current rents total $2,135/month. Buyer to verify rents, expenses, leases, utilities and all other investment information.
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Additional Information
- Acres
- 0.18
- Taxes
- $1,000
- Lot Features
- Level
- Water
- Public
- Heating
- Natural Gas
- Cooling
- Window/Wall
- Flooring
- Carpet, Vinyl
- School District
- Muncie Community Schools
- Elementary School
- East Washington Academy
- Middle School
- Northside
- High School
- Central
- Agent Name
- Lisa Buckner
Listings courtesy of Indiana Regional MLS as distributed by MLS GRID. 