Property Listing No Longer Available for Sale

0619 W. Howard Street, Muncie, IN

Multi-family for Sale - $179,500 - 6,512 Sq. Ft. on 0.18 acres


Property Info

CIMLS#42508
Location
  0619 W. Howard Street
  Muncie IN 47305
UpdatedNovember 14th, 2007
TypeMulti-family
Price$179,500
Building6,512 Sq. Ft.
Land0.18 acres

Property Description

This is 8-unit property. Sellers report updated electrical, plumbing w/8-newer electric water heaters, NEWER vinyl thermopane windows, 8-newer 90% gas furnaces and membrane roof. Common area coin-op W&D are vendor-owned and NOT INCLUDED. Tenant's electric & gas are metered separately. Property has 13.8% cap rate with increased income potential!!! NOTE: Could be part of three property / 15 unit pakage all located on same street!!! SEE CIMLS additional ID #42509 & #42511 for 15-unit package CAP RATE OF 13.75%!!! Directions: W. Jackson St. to Liberty St., south to Howard St., west to 619. rev 10.16.07 Email questions to: Tim.Foley@EagleSold.com

Timothy J. Foley,Commercial Manager

Eagle Real Estate Inc.

765-741-9111 x 229 office direct dial

765-288-7742 fax direct dial

765-748-9111 mobile

www.listings.loopnet.com/tim.foley@eaglesold.com


Financials