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1606 1606.5 S Walnut Street

Muncie, IN 47302
  • $30,000
  • STATUS: Sold
  • ON SITE: 357 Days
  • MLS #: 202321301
Sold - 10/24/2023
$30,000
SOLD - 10/24/2023
  • 4
    BEDS
  • 0.1
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,518
    SQFT
Neighborhood:
Type:
Multi-Family
Built:
1886
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing provided by Heather Clemmons of Starr Real Estate: Office: 765-288-1711.

Description

This duplex offers an excellent opportunity for investors looking for a great investment property! Each unit is 2-bedroom and 1 bath. The property boasts a large back yard with plenty of parking available. Some of the key highlights of this investment property is the potential for strong rental income in comparison to mortgage and located central in Muncie on a main road. Property is located 2 miles away from Ball State University. The affordability of these units makes them highly desirable for tenants and a big opportunity to help build equity and create cash flow. Please do not schedule a viewing until reading the full listing. This property has great potential, but will need a complete rehab that includes new kitchens, new bathrooms, new flooring, new cabinets, new appliances, new carpeting, etc. This property offers great potential for an owner with some sweat equity or a cash ready investor who can put time into rehabbing the property. This property is not currently rent ready, it will need to be repaired & refurbished. Please keep in note the utilities have currently been turned off to reduce operating costs.

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© 2024 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Barnes Real Estate Services | North Eastern Group Realty. Data last updated: 2024-06-13T15:29:05.613.

www.housesinfortwayne.com/homes/140769356
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1606 1606.5 S Walnut Street Muncie, IN 47302

  • Price: $39,900
  • Status: Sold
  • On Site: 357 Days
  • Updated: 32 min ago
  • MLS #: 202321301
4
Beds
2
Baths
0
½ Baths
0.1
Acres
1,518
SQFT
$0
$/SQFT
1886
Built
Neighborhood:
None
County:
Delaware
Area:
Delaware
Elementary School:
Southview
Middle School:
Southside
High School:
Central
School District:
Muncie Community Schools
Property Description
This duplex offers an excellent opportunity for investors looking for a great investment property! Each unit is 2-bedroom and 1 bath. The property boasts a large back yard with plenty of parking available. Some of the key highlights of this investment property is the potential for strong rental income in comparison to mortgage and located central in Muncie on a main road. Property is located 2 miles away from Ball State University. The affordability of these units makes them highly desirable for tenants and a big opportunity to help build equity and create cash flow. Please do not schedule a viewing until reading the full listing. This property has great potential, but will need a complete rehab that includes new kitchens, new bathrooms, new flooring, new cabinets, new appliances, new carpeting, etc. This property offers great potential for an owner with some sweat equity or a cash ready investor who can put time into rehabbing the property. This property is not currently rent ready, it will need to be repaired & refurbished. Please keep in note the utilities have currently been turned off to reduce operating costs.
Exterior Features

Exterior Vinyl Location City/Town/Suburb Lot Description 0-2.9999 Lot Dimensions 33X130 Outbuilding None Parking Off Street Parking Spaces 2 Pool YN No Roof Material Shingle Style One And Half Story Unit1 Garage Type None Unit2 Garage Type None Waterfront YN No

Interior Features

Above Grade Bedrooms 4 Above Grade Finished Sqft 1518 Above Grade Unfin Sq Ft 0 Amenities Countertops-LaminateDeck Open Basement Foundation Crawl Basement YN No Below Grade Baths 0 Below Grade Bedrooms 0 Below Grade Finished Sqft 0 Below Grade Unfin Sq Ft 0 Cooling None Dishwashers 0 Disposals 0 Dryers 0 Flooring Mixed Heating Fuel ElectricityBaseboard Microwaves 0 Ranges Ovens 0 Refrigerators 0 Rooms Below Grade 0 Total Baths 2 Total Below Grade Sqft 0 Total Sq Ft 1518 Unit1 Basement YN No Unit1 Bathrooms 1 Unit1 Bedrooms 2 Unit1 Sq Ft 759 Unit2 Basement YN No Unit2 Bathrooms 1 Unit2 Bedrooms 2 Unit2 Sq Ft 759 Wash Dry Hookups 0 Washers 0

Property Features

Annual Electric Expense 0 Annual Fuel Expense 0 Annual Gross Rent 0 Annual Insurance Expense 0 Annual Maint Expense 0 Annual Misc 0 Annual Net Income -800 Annual Property Tax 800 Annual Trash Expense 0 Annual Water Sewer Exp 0 Assoc Dues Frequency Not Applicable Auction Y / N No Efficiencies 0 For Sale Or Rent For Sale Four Bedrooms 0 Gross Monthly Income 0 Gross Monthly Rent 0 Lease Term None New Construction No One Bedrooms 0 Owner Pays Tax Owner Real Estate License YN No Pet Restrictions YN Yes Planned Unit Dev YN No Property Sub Type Duplex Reo YN No Sale Includes BuildingLand Sewer City Tenant Pays ElectricFuelLawn MaintenanceSewerTrash CollectionWater Three Bedrooms 0 Township Center Two Bedrooms 2 Unit1 Unit Rent 0 Unit1- Currently Rntd Y / N No Unit1- Garage Y / N No Unit2 Unit Rent 0 Unit2- Currently Rntd Y / N No Unit2- Garage Y / N No Units Rented 0 Water Utility City Year Taxes Payable 2023

Listing provided by Heather Clemmons of Starr Real Estate: Office: 765-288-1711.

© 2024 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Barnes Real Estate Services | North Eastern Group Realty.


© 2024 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Barnes Real Estate Services | North Eastern Group Realty. Data last updated: 2024-06-13T15:29:05.613.

 
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Barnes Real Estate Services | North Eastern Group Realty
10808 La Cabreah Ln
Fort Wayne IN, 46845
Listing provided by Heather Clemmons of Starr Real Estate: Office: 765-288-1711.