Off-Market Property at 1903 W Jackson St, Muncie, IN, 47303
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1903 W Jackson St, Muncie, IN, 47303

$219,900

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $156 per day, based on similar listings in the area. Estimated short-term cap rate of 6.2%. Multi Family Property with 5 total bedrooms and 2 baths, Central Air, 1902 sq ft with gravel parking. Completely remodeled in 2020 including Pex plumbing, PVC waste lines, new electrical, Romex wiring, new flooring, all new stainless appliances, new kitchen cabinets up and down, all new baths with luxury shower systems, new washer & dryer, gas tankless water heater downstairs, full laundry facilities on both levels new 18kw electric tankless water heater upstairs, water, gas and electric are prepped to be split for separate metering, if desired. Leased through July 2025 for $2375 per month - including utilities. Property being offered as a package with: 21957085, 21956608, 21957087, 21956606

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$3813
Bedrooms
2
Bathrooms
2
SQFT
5,663
Furnished
unknown
Year built
1911
Listing Status
Off Market
MLS
21957168

Short-term Rental Potential
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$31,524

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$38

Price/SQFT