Pending
$550,000

709 S Hutchinson
Muncie, IN 47303

Other
Residential Income
14
Beds
8
Baths
0.43
Acre Lot
Courtesy: Ryan Kramer - RE/MAX Real Estate Groups, Cell: 765-717-2489, Phone: 765-288-0400
IRMLS> Indiana> Muncie> 47303
Solid all-brick 8-plex with significant interior updates. Each unit includes its own washer/dryer. The property features 6 two-bedroom units and 2 one-bedroom units, generating approximately $68,400 in estimated annual gross rents. Furnished rental could produce an extra $5,000-$6,000 annually. Current rents are competitive, with potential for increases. Tenants are responsible for all utilities, keeping operating costs low. Situated near Ball State University and IU Ball Memorial Hospital, this property is also within walking distance of Westside Park and the newly developed skate park. Unit 1 has been a mid-term rental at $1500 a month, but could be a traditional rental, furnished rental, or short/mid-term rental. This unit will sell with all the furnishings.
202445010
Other, 1 Story
14
8 Full
1964
Delaware
0.43 Acres
City
1
City Sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Courtesy: Ryan Kramer - RE/MAX Real Estate Groups, Cell: 765-717-2489, Phone: 765-288-0400
This content last refreshed on 12/10/2024 9:03 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.