Off-Market Property at 805 W Main St, Muncie, IN, 47305
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805 W Main St, Muncie, IN, 47305

$64,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $131 per day, based on similar listings in the area. Estimated short-term cap rate of 30.4%. This duplex is a 2 bed/1 bath downstairs and a 1 bed/1 bath upstairs. It rents for $650 and $450. Owner pays all utilities. Upper unit has been painted, new flooring, and is rent ready. The downstairs unit needs some flooring, paint and minor repairs.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$1515
Bedrooms
2
Bathrooms
1
SQFT
2,614
Furnished
unknown
Year built
1890
Listing Status
Off Market
MLS
21947605

Short-term Rental Potential
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$25,020

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$24

Price/SQFT