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1618 E 24th Street

Muncie, IN 47302 (MLS #MBR22033416)
$200,000
Beds
2
Baths
1
Square Ft.
936

Description

Cash flowing 2 bed 1 bath home on Muncie's Southside. Updated 2/1 completed in 2022, new flooring in living room and kitchen, updated appliances and fresh paint inside and out. Current rent is $1190 a month at 20% down return is 9% annualized. $100 rent increase makes that return 14%. Proforma snapshot included in documents. Tenant pays all utilities. Economic growth remains steady with strong housing demand per Indiana Business review. The most recent forecast from Indiana University's Center for Econometric Model Research shows employment growth of 1.89%… Read MoreRead Less
Courtesy of JMG Indiana.
Days Online
23
Last Updated
Property Type
Single Family Residence
Beds
2
Full Baths
1
Square Ft.
936
Lot Size
0.18 Acres
Year Built
1956
MLS Number
MBR22033416
Appliances & Equipment
Description: "Electric Oven", "Refrigerator", "Water Heater"
Building
Area: 936, Architecture: "TraditonalAmerican", Building Area: 936, Construction Materials: "Aluminum Siding", "Wood", Levels: "One", Year Built: 1956
Fireplaces
Total Fireplaces: 0
Heating
Heating: "Electric"
Lot
Acres: 0.18, MLS Acres: <1/4 Acre
Utilities
Water Source: "Municipal/City"

Area snapshot

30 Days Snapshot Of 47302
$94k
(avg) sold price
-34%
18
homes sold
+125%
112
(avg) days on market
+33%
Nearby Schools
*Please check the school district website to see all schools in this area
Muncie Central High School
Public
9-12
Grissom Elementary School
Public
PK-5
Southside Middle School
Public
6-8
Snapshot
Area Map

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Monthly Payment
$0

The above figures are estimates and are not endorsed or certified. Check with your lender for actual interest rates.

Listing Information © Metropolitan Indianapolis Board of REALTORS®. All Rights Reserved.

Information Deemed Reliable But Not Guaranteed.

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