Investment Property Muncie, Indiana
63046324 W Bethel Avenue : Muncie, IN 47304
Delaware County, Indiana
Property Description
What a unique investment opportunity with multiple sources of revenue. On nearly 5 acres near the intersection of Nebo and Bethel and convenient to shopping, there are two single-family homes, three duplexes, and a large shop/outbuilding. Current rents include $750 and $650 for the homes and $550, $495, $450, $415, $340 for the occupied duplexes. The outbuilding is currently being used as personal storage but could also be rented out for even more income. The duplexes have newer roofs and the outbuilding features a very tall overhead door and ceilings, heating, compressor system, and a car lift. There are three wells on the property and a commercial Kinetico water system is included. And don't forget that there is also ample space to develop even more units in the future.
