Fully Furnished Buy and Hold/Or Airbnb 3 Miles from University
2020 W Memorial Ave Muncie, IN
$57,500 OBO
This 1/1, 528 sq ft fully furnished home, was built in 1925. It has been used as an Airbnb rental, which averaged $1600 per month. However, it can also be used as a buy and hold. Per Rentometer, avg rent rate in this area for a 1/1 is $703, but since it is furnished, you might be able to get $750-$800 per month or you also have the option of providing short-term monthly rentals which would pay significantly more than a standard buy and hold rental. There are lots of work positions needing these types of rentals and there are also opportunities to provide short-term housing for insurance companies when people are temporarily displaced from their homes. Please note, there was a leak in the ceiling of the backroom, as shown in the pictures, and per the owner, this issue has been addressed although the ceiling has not yet been repainted.
Click here for additional photos and video: Pics 2020 W Memorial Dr Muncie, IN – Google Drive
FOR YOUR BEST DEAL, CONSIDER PURCHASING MEMORIAL AND 16TH STREET
PURCHASE PRICE FOR BOTH ONLY $115,000!!!
Click here for 16th St details: Cash-Flow $1200 Price $62.5k OBO Completely Rehabbed Buy & Hold | Clever Girl Real Estate Solutions – Buyer Site