About This Home
This 3-bedroom, 1-bathroom townhouse at 1420 S Shipley Street in Muncie, IN is listed for $35,000 ($33 per sqft). Built in 1920, the home offers 1,056 sqft of living space on a 0.12 acres lot.
Key Features
- Built in 1920
- 0.12 acre lot
Property Details
Amenities
Attention investors! This 3-bedroom, 1-bath home offers immediate cash flow with a long-term Section 8 tenant who has been in place for 10 years, currently paying $1,377 per month. The property does need some TLC, making it a great opportunity to add value while generating steady rental income. Priced to sell, this is an excellent chance to expand your investment portfolio with an established tenant already in place. Don't miss this affordable income-producing property!
Monthly Cost Estimate
$187/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1420 S Shipley Street
Muncie, IN 47302
Property Details
Flooring
Questions & Answers
This 3-bedroom, 1-bathroom townhouse at 1420 S Shipley Street is listed at $35,000 ($33/sqft). The estimated monthly payment is $187 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1920, 0.12 acre lot.
This property is listed by Brian Heaney and can be reached at 3179952372.


