Description
Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $130 per day and long-term for an average of $835 per month, based on similar listings in the area. Estimated short-term cap rate of 12.1%. Estimated long-term cap rate of -0.5%. Part of a possible 10 package deal all in Muncie. This property features 2 beds/1 bath. It's currently rented for $1,091 a month, on a year lease. Lease ends 7-31-24. Tenants pay all utilities. It also has a shed, driveway, fenced in backyard, and it is a quick drive to BSU. Possible Muncie package deal with: BSU 1016 W Marsh St # 21956790 921 W Neely Ave # 21956792 823-825 W North St # 21956801 1701 W Adams St # 21956805 1714 W Adams St # 21956811 327 S Talley Ave # 21956821 708 S Brittain Ave # 21956825 Southside 2304 S Pershing Dr # 21956830 2413 S Ebright St # 21956835
Property Information
Airbnb Avg Daily | See Full Details |
Occupancy Rate | See Full Details |
Monthly HOA | $0 |
Rental Policy | daily |
Yearly Taxes | $3545 |
Bedrooms | 2 |
Bathrooms | 1 |
SQFT | 768 |
Furnished | unknown |
Year built | 1955 |
Listing Status | Off Market |
MLS | 21956824 |
