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Muncie Triplex Great Rental Opportunity! 802 1/2 N Mulberry St

3 Unit Apartment Building $80,000 ($26,667/Unit) Muncie, IN 47305

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Investment Highlights

Great Fix and Flip or Rental
Recession-proof Income Options!!

HUGE Value add potential

Executive Summary

This is a GREAT property to get into, to add to your portfolio! This property is every investor's dream! It's currently 67% occupied & the rents are way below market. Plus the tenants are month 2 month! You have an opportunity to rehab it & get it to higher-quality rental income or just fix and flip! There's also a quadplex in the same area we can talk about! There are several duplexes with GREAT cap rates, there are single family properties, as well as other larger multifamily!
Ask me about the 8+ MFR in Indianapolis, or the 3-5 SFR in Indiana!! We have something for EVERY type of investor!!

Property Facts

Price	$80,000	Building Class	C
Price Per Unit	$26,667	Lot Size	0.11 AC
Sale Type	Investment	Building Size	2,468 SF
Sale Conditions	Redevelopment Project	Average Occupancy	67%
No. Units	3	No. Stories	2
Property Type	Multifamily	Year Built	1900
Property Subtype	Apartment	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Apartment Style	Low Rise

Price	$80,000
Price Per Unit	$26,667
Sale Type	Investment
Sale Conditions	Redevelopment Project
No. Units	3
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Low Rise
Building Class	C
Lot Size	0.11 AC
Building Size	2,468 SF
Average Occupancy	67%
No. Stories	2
Year Built	1900
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.