Over $5.5K/Mo Rent Potential 6 Doors
415 W Howard St and 1024 W Powers St Muncie, IN
Only $185K
Unbelievable combined monthly rent potential of $5,505 for this quad and duplex. A large portion of the heavy lifting has already been done. These properties have already been partially renovated including new siding, new roofs, some new windows, new electric, new doors, framing and so much more!
415 W Howard St is a beautiful 4,124 sq ft quadplex framed for four 2/1 units, including washer and dryer hookups. Per Rentometer, the average rent in this area for a 2/1 is $941 for total monthly income potential of $3,764!
1024 W Powers St is a 1,759 square foot duplex featuring a 2/1 on one floor and a 1/1 on the other. Per Rentometer average rent for 2/1 in this area is $958 and a 1/1 is $783 providing a total monthly rent potential of $1,741!
For additional information including a list of everything that has been finished for each property and a Scope of Work for what still needs to be done, Please Click Here: Completed Work and Scope of Work.docx – Google Docs
Click here for additional photos and video: Pics 415 W Howard St – Google Drive
Click here for additional photos and video: Pics 1024 W Powers – Google Drive