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Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $124 per day, based on similar listings in the area. Estimated short-term cap rate of 10.4%. GREAT INVESTMENT PROPERTY! TRI-PLEX! This nice 3 unit property has lots of updates and a convenient location close to Ivy Tech, Ball State and downtown Muncie. Some of the updates include newer vinyl siding, electrical, plumbing, interior remodeling and replacement windows. The are 2- two bedroom units. Rents are $500 and $660. And 1- one bedroom unit that rents for $523. Tenants pay utilities. Off street parking in back of home. Move-in ready and instant cash flow!
Airbnb Avg Daily | See Full Details |
Occupancy Rate | See Full Details |
Monthly HOA | $0 |
Rental Policy | daily |
Yearly Taxes | $2188 |
Bedrooms | 2 |
Bathrooms | 1 |
SQFT | 5,227 |
Furnished | unknown |
Year built | 1910 |
Listing Status | Off Market |
MLS | 21967911 |