Renovated Cash-flowing Duplex in College Town!
1916 and 1916 ½ S Delawanda Avenue Muncie, IN
$125,000
This adorable 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 their own gas and electric. Both tenants are under a one year lease. The property is currently being professionally managed.
Click here for additional photos and video: Pics 1916 1nd 1916 .5 Delawanda Ave – Google Drive