Investment Home: 114 E 8th St, Muncie, IN, 47302, Muncie, FL - $150,252 Yearly Profit

114 E 8th St, Muncie, IN, 47302

$219,000

Description

Located on the Southside of down just off S Walnut and not far from Downtown Muncie, this is a tri-plex with each unit that has 3 bedrooms and 1 bath (plus a living room, kitchen, and the W/D is in the kitchen). One unit that has 2 floors (the one to the right or East). Parking is in the rear. One unit has a newer furnace. One W/D is owned by the tenant. Apt 1: leased through 4/2024 at $800/mo, tenant pays the monthly fees of water $45/mo, sewage $45/mo, trash $10/mo, insurance admin fee $4.50, utility admin fee $6/mo, liability to landlord insurance $9.50/mo. (total $920/mo). Apt 2: leased through 6/2024 at $800/mo, tenant pays the monthly fees of water $45/mo, sewage $45/mo, trash $10/mo, insurance admin fee $4.50, utility admin fee $6/mo, liability to landlord insurance $9.50/mo. and $80/mo for 2 pets. (total $1,000/mo). Apt 3 is leased through 5/2024 and is Section 8 at $800/mo. Total Monthly Rent is $2,400 or $28,800 annualized.

Property Information
airbnb avg Daily
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Occupancy Rate
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Monthly HOA
$0
rental Policy
daily
Yearly Taxes
$3173
Bedrooms
9
Bathrooms
3
SQFT
3,159
Furnished
unknown
Year built
MLS
202339123

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Short-Term Rental Information
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$17,160

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