FIX & FLIP OR BUY & HOLD OPPORTUNITY FOR QUAD MINUTES FROM UNIVERSITY
6500 E Jackson St Muncie, IN
Asking Only $62,000!
This 3032 sq. ft MFH already has separate meters and is zoned for up to 4 units. This purchase comes with architectural plans for 3 – 3/1 Units and an efficiency/or 1 bdrm for total avg monthly rent of $3578 with potential up to $3972 according to Rentometer with additional rent potential for storage in garage. There is a big lot, extra-large garage/storage building with electricity, and plenty of room for parking. The majority of the hard work has been done leaving a blank canvas to create the best way to maximize ROI! The foundation work has been completed, new roof, new gutters, and new underlayment for flooring has been finished. Estimated renovation cost is $100,000 depending on finishes.
Click here for Architectural Plans: 6500 Jackson MODIFIED 093023 4-PLEX.pdf – Google Drive
Click here for additional pictures: Pics 6500 E Jackson St Muncie, IN – Google Drive
Please call, text, or email for Lisa for additional information.