Deeply Discounted! 5 Buy/Hold Cash Flowing Units
Instead of 1% Rule How About 1.7%?
With room to increase even more!
Priced for Quick Close
ONLY $230,000 OBO
Total Monthly Income $4005!
1916 and 1916 ½ S Delawanda Avenue Muncie, IN
This adorably renovated 1420’ duplex built in 1953 is fully occupied and cash-flowing. The front unit is a 2/1 with a family room and huge eat in kitchen. The back unit is a 1/1. There is a shared utility room between the two units with mechanicals and a washer/dryer. This mfh is in great shape with very little to do other than collect rent. Total rent for the duplex is $1655 which includes a fee for water, sewage and trash. Rent for the 2/1 is $795 and rent for the 1/1 is $860. Both tenants pay for their own gas and electricity. Both tenants are under a one-year lease. The property is currently being professionally managed.
Click here for additional photos and videos: Pics 1916 1nd 1916 .5 Delawanda Ave – Google Drive
1709 and 1709 ½ S Blaine St Muncie, IN
Get instant cash-flow with this 1440’ duplex with new siding and a new roof and a 360’ SFH on the same parcel. The inside of both units of the duplex and SFH were renovated in 2022. All units are 2 bedrooms/1 bath. Total rent for all 3 units is $2,350. The duplex rents for $900 and $950. The SFH rents for $500. The property is professionally managed.
Click here for additional photos and videos: Pics 1709 S Blaine St – Google Drive