About 1112-1114 N Elm Street
Income-producing triplex currently generating $2,135 per month in gross rental income! This property offers three separate units consisting of two 1-bedroom units and one 2-bedroom unit, providing an established multi-unit investment opportunity. The property features separate living spaces with kitchens and baths for each unit, along with a mix of updated flooring, cabinetry and finishes throughout. Exterior vinyl siding and a covered front porch add to the property, while the layout provides three distinct rental units under one roof. With $25,620 in current annual gross rental income, this triplex offers an opportunity to add an income-producing property to your portfolio without starting from scratch. Whether you're looking to expand an existing rental portfolio or purchase your first multi-unit investment, the numbers make this one worth a look. Current rents total $2,135/month. Buyer to verify rents, expenses, leases, utilities and all other investment information.
Features of 1112-1114 N Elm Street
| MLS® # | 202635153 |
|---|---|
| Price | $135,000 |
| Bedrooms | 3 |
| Bathrooms | 3.00 |
| Full Baths | 3 |
| Square Footage | 1,868 |
| Acres | 0.18 |
| Year Built | 1893 |
| Type | Residential |
| Sub-Type | Site-Built Home |
| Style | Other |
| Status | Active |
Community Information
| Address | 1112-1114 N Elm Street |
|---|---|
| Subdivision | None |
| City | Muncie |
| County | Delaware County |
| State | IN |
| Zip Code | 47303 |
Amenities
| Features | Cable Ready, Patio Covered |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Carpet, Vinyl |
|---|---|
| Heating | Gas |
| Cooling | Window |
| Fireplace | No |
| Fireplaces | None |
| Stories | Two Story |
| Has Basement | Yes |
| Basement | Unfinished |
Exterior
| Exterior | Vinyl |
|---|---|
| Lot Description | Level |
| Roof | Asphalt, Shingle |
| Construction | No |
School Information
| District | Muncie Community Schools |
|---|---|
| Elementary | East Washington Academy |
| Middle | Northside |
| High | Central |
Additional Information
| Days on Market | 8 |
|---|---|
| Foreclosure | No |
| RE / Bank Owned | No |
| HOA Fees Freq. | Not Applicable |
Listing Details
| Agent | Lisa Buckner |
|---|---|
| Office | RE/MAX Real Estate Groups |
