Investment Home: 204 S Walnut St, Muncie, IN, 47305, Muncie, FL - $0 Yearly Profit
Description

Located in the heart of the Walnut Street Historic District this unique property offers living quarters above a commercial tenant space. The residential unit above could be purchased separately, but it's preferred the entire building be sold as one. (Note: the building for sale is the orange building). The commercial space has been leased to a successful restaurant for over 10 years. Income from the commercial space is $2,000 per month with lease running to December 2025. The tenant expects to continue a new lease. Property was purchased and gutted in 2009, roof replaced in 2017. Exterior Paint in 2023. This property was done right with quality remodeling and good maintenance. Live upstairs and collect the commercial income or purchase as an investment with commercial and residential income! The living quarters consist of an main floor entry area, a heated garage with 12 ft ceiling and 10ft high garage door that has with water on the ground level; large living room/kitchen combo, 2 bedroom (main floor and upper), 2 bathrooms, main floor laundry, walk-in closets, incredible skylight, and outdoor patio on level 2. The main living area has 11ft ceilings. Other updates: new flooring, custom closets, tiled bathrooms, showers and kitchen, solid surface countertops, security system, incredible new appliances and more. Rare opportunity to live in the heart of Downtown Muncie! Move in ready. See the investment listing for more on the first floor. MATTERPORT TOUR NOW LIVE!

Property Information
airbnb avg Daily
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Occupancy Rate
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Monthly HOA
$0
rental Policy
daily
Yearly Taxes
$7215
Bedrooms
2
Bathrooms
2
SQFT
1,992
Furnished
unknown
Year built
1927
MLS
202401077

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Short-Term Rental Information
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$37,548

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