Investment Home: 1811 W Main St, Muncie, IN, 47303, Muncie, FL - $19,740 Yearly Profit

1811 W Main St, Muncie, IN, 47303

$164,900

Description

This 5-bedroom, 2-bathroom single-family property could be your next investment. Convenience is a defining feature of this property, situated just a short walk from the village, which is set to undergo a major redevelopment by the summer of 2024. This property is unique in the fact that it is zoned R-5, which means that it can be converted to a multi-family home at the buyer's discretion. This property is currently rented at $1275 per month through July 2024 and at $1400 per month from August 2024 to July 2025. Don't let this incredible opportunity slip away.

Property Information
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Occupancy Rate
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Monthly HOA
$0
rental Policy
daily
Yearly Taxes
$5328
Bedrooms
5
Bathrooms
2
SQFT
1,793
Furnished
unknown
Year built
1928
MLS
202405780

Short-Term Rental Information
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$35,592

Revenue
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Cash on Cash
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$91

Price/SQFT

Long-Term Rental Information
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$15,852

Expenses
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$1,860/mo

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