About This Home

This 3-bedroom, 1-bathroom single family 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

1 story
1 full
1920

Amenities

A/C
Listing Description

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

Principal$25
Interest$152
Insurance$10

Estimates only. Actual payments may vary.

Location

1420 S Shipley Street

Muncie, IN 47302

No Subdivision

Features & Amenities

Interior Features

Hardwood FloorsEat-in Kitchen

Property Details

Construction

Aluminum Siding

Parking

On Street

Heating

Forced AirNatural Gas

Cooling

Window Unit(s)

Appliances

Electric OvenWater Heater

Questions & Answers

This 3-bedroom, 1-bathroom single family 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. Interior Features: Hardwood Floors, Eat-in Kitchen.

This property is listed by Brian Heaney and can be reached at (317) 441-7887.

BH

Brian Heaney

Agent at Mark Dietel Realty, LLC

(317) 441-7887

Listed by Mark Dietel Realty, LLC · View on Broker Site

MLS# 22116588· Source: listhub· 1 day on market

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1420 S Shipley Street, Muncie, IN 47302

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