704 N Alameda Dr, Muncie, IN 47303
- $219,900
- 5
- BD
- 3
- BA
- 2,396
- SqFt
Listing courtesy of Austin Rich from NextHome Elite Real Estate. Cell: 765-749-4546
- List Price
- $219,900
- Status
- ACTIVE
- MLS#
- 202643202
- Year Built
- 1920
- Days On Market
- Unknown
- Bedrooms
- 5
- Bathrooms
- 3
- Living Area
- 2,396
- Township
- Center
- Subdivision
- Alameda Place
Property Description
Established rental income and a location near Ball State University make this property a compelling addition to an investment portfolio! Leased through July 15th, 2027, at $2,425 per month, the home provides $29,100 in scheduled annual gross rent. Five bedrooms, three full bathrooms, and approximately 2,396 finished square feet, including 1,000 finished square feet in the basement, provide a spacious layout. A tiled foyer welcomes you inside, while basement laundry and off-street parking add everyday convenience. Gas forced-air heat and central air round out the property’s features, and the tenants are responsible for all utilities under the lease. Property is currently leased and tenant occupied. Interior photos were taken when the property was staged and do not reflect current tenant furnishings/occupancy. Furniture, decor and personal property shown in the photos are not included in the sale. Sale is subject to the existing lease and tenant rights.
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Additional Information
- Acres
- 0.14
- Taxes
- $3,754
- Lot Features
- Irregular Lot
- Water
- City
- Heating
- Natural Gas, Forced Air
- Cooling
- Central Air
- Flooring
- Concrete, Wood, Tile
- School District
- Muncie Community Schools
- Elementary School
- Northview
- Middle School
- Northside
- High School
- Central
- Agent Name
- Austin Rich
Listings courtesy of Indiana Regional MLS as distributed by MLS GRID. 