DUPLEX WITH POTENTIAL
TO EARN 2.5 X MORE THAN THE 1% RULE!
1432 W 14th Street Muncie, IN
$88k OBO
This 1824’ Cash-flowing duplex with a 2 car garage features a 2/1 upstairs unit and a 3/1 downstairs unit. Both units have a washer and dryer hook up. The upstairs unit was completely remodeled in March 2022 including new decking, new light fixtures, new flooring, fresh paint, and many more updates. The roof was also replaced in 2022. THIS DUPLEX PROVIDES OPPORTUNITY TO EARN 2.5 X MORE THAN THE 1% RULE!!!! Rentometer shows avg market rent for a 2/1 in this area of $898 and avg market rent of $1096 for a 3/1 plus potential for an additional $50-$100 per unit for garage rental provides an opportunity to earn in $2094-$2194 per month! Tenants currently pay below market avg rent of $638 and $730 plus utilities. Both tenants are month to month.
Click here for additional photos: Pics 1432 W 14th St Muncie, IN – Google Drive