About This Home
This 5-bedroom, 3-bathroom single family at 704 North Alameda Drive in Muncie, IN is listed for $219,900 ($92 per sqft). Built in 1920, the home offers 2,396 sqft of living space on a 0.14 acres lot.
Key Features
- Built in 1920
- 0.14 acre lot
Property Details
Established rental income and a location near Ball State University make this property a compelling addition to an investment portfolio! Leased through July 15th, 2027, at $2, 425 per month, the home provides $29, 100 in scheduled annual gross rent. Five bedrooms, three full bathrooms, and approximately 2, 396 finished square feet, including 1, 000 finished square feet in the basement, provide a spacious layout.
A tiled foyer welcomes you inside, while basement laundry and off-street parking add everyday convenience. Gas forced-air heat and central air round out the property's features, and the tenants are responsible for all utilities under the lease. Property is currently leased and tenant occupied.
Interior photos were taken when the property was staged and do not reflect current tenant furnishings/occupancy. Furniture, decor and personal property shown in the photos are not included in the sale. Sale is subject to the existing lease and tenant rights.
Monthly Cost Estimate
$1,176/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
704 North Alameda Drive
Muncie, IN 47303
Questions & Answers
This 5-bedroom, 3-bathroom single family at 704 North Alameda Drive is listed at $219,900 ($92/sqft). The estimated monthly payment is $1,176 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1920, 0.14 acre lot.
This property is listed by Austin Rich and can be reached at 7657494546.
