$136,000
$149,900
9.3%For more information regarding the value of a property, please contact us for a free consultation.
1517 S Walnut ST Muncie, IN 47302
6,669 Sqft Lot
Key Details
Sold Price $136,000
Property Type Commercial
Sub Type Commercial Units - 5+
Listing Status Sold
Purchase Type For Sale
Subdivision No Subdivision
MLS Listing ID 21770393
Sold Date 02/18/22
Year Built 1948
Tax Year 2020
Lot Size 6,669 Sqft
Acres 0.1531
Property Description
Investment Opportunity - 11-unit Apartments and an office space. All on South Walnut Street in Muncie. 2- two story commercial buildings (1523- 2 units/ office and 1525- 3units). A two story 6-unit apartment building (1517-1519)and a parking lot (1513). Rents range $450-500 per unit. All utilities included. As the units become available upgrades have been made to the vacant unit. Most units still have Not been remodeled and do need some improvements. Most units have long term renters on month-to-month leases. Upgrades include perseller: 2 new water heaters, rubber roof over unit 2 and a complete upgrade in unit 3.
Location
State IN
County Delaware
Interior
Fireplace N
Laundry NoLaundry
Building
Lot Description Busline
Story Two
Foundation Slab
Architectural Style TraditonalAmerican
Structure Type Wood Brick
New Construction false
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