Buy this low-maintenance, updated rental to get instant cash flow plus equity! Sold

  • $72,500
  • 2 beds
  • 1 baths
  • 912 sqft

Property Address: 1600 W Royale Dr, Muncie, IN 47304

Cash-flowing property with good tenant already has newer roof, newer siding, newer windows, updated electric, new furnace, newer water heater, and more.

It is a 2br/1ba with over 900 square feet built in 1955.

Within 1/2 mile of Ball State University if you want a college rental; current tenant is not a student, wants to stay, is paying just $700/month and is expecting a rent increase when the lease renews in August.

Act now to get this easy cash-flowing rental.

CLICK HERE to see Sales Comps

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CLICK HERE to see more information on investing in Muncie

Frequently Asked Questions:

  1. Can you provide financing? NO
  2. Are tenants in place? YES
  3. Are tenants current? CONTACT US FOR MORE INFO
  4. When does the tenant lease expire? CONTACT US FOR MORE INFO
  5. Who pays the utilities? (tenant or owner) TENANTS
  6. Can you manage the rehab? NO
  7. Can you manage the property? NO
  8. Can I lease it from you? NO

What to expect:

  • Property is being sold ‘as-is’.
  • The buyer should do all due diligence needed before agreeing to buy. Any information provided is as a courtesy and is not warranted
  • The buyer will need to sign paperwork and submit $2,000 of non-refundable earnest money to a title company specializing in investment properties to reserve the property.
1600 W Royale Dr
Muncie, IN 47304
Square Feet:
Lot Size:
For Sale
Property Type:
Year Built:
Const. Type:
Wood Frame

Call 866-335-3739 for more details

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