Rehab this 1524 sqft Muncie property and get $1200 in rent! For Sale

  • $45,000
  • 3 beds
  • 2 baths
  • 1,524 sqft

Property Address: 2309 E Highland Ave, Muncie, IN 47303

This 3 bed, 2 bath Muncie, IN house has great potential (including the ability to convert to a 4 bedroom). After rehab, the Rent Zestimate is $1200. Realtor.com shows an estimated value of $86,200, but true ARV is even higher than that – at right around $100K!

This is the perfect property to put your own vision in – allowing you to add and build value by updating. House will be cleared of items prior to closing.

$45,000 or Best Offer – Win This Muncie “Buy and Hold” for great future cash-flow today!

  • ARV: 80K (simple rehab)
  • High-end ARV: $100K (higher-end touches)
  • Property Cost: $45000 / OBO
  • Basic Rehab Costs to Make Move-in Ready: $25K (or less)
  • Equity Spread Range: $10K to $30K

CLICK HERE to see more information on investing in Muncie

Frequently Asked Questions:

  1. Can you provide financing? NO
  2. Are tenants in place? NO
  3. Are tenants current? N/A
  4. When does the tenant lease expire? N/A
  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.
Price:
$45,000
Address:
2309 E Highland Ave
Muncie, Indiana 47303
Square Feet:
1,524
Bedrooms:
3
Bathrooms:
2
Terms:
For Sale
Property Type:
Home
Const. Type:
Wood Frame

Call 866-335-3739 for more details

Question About This Property

  • This field is for validation purposes and should be left unchanged.

Property Location