You get an incredible value and return. These properties have all been updated in the past year and tenants placed in the past few months. You get $4550 of monthly cash flow with just a $380K investment.
305 S Park St is a 3br/2ba with 2 car attached garage earning $1100/month
2020 Walnut St is a 4br/1ba earning $900/month (Pics are from during rehab, but rehab was completed and tenant moved in. Waiting on new pics)
1200 N Central Ave is a 3br/1ba earning $900/month
2510 E 8th St is a 2br/2ba earning $900/month
706 Canal St is a 3br/1ba earning $750/month
Properties are in the Anderson/Muncie area. We can recommend a couple Property Managers if needed. Properties can be purchased individually or in a smaller package if needed.
CLICK HERE to see more information on investing in Muncie
CLICK HERE to see more information on investing in Anderson
Frequently Asked Questions:
- Can you provide financing? NO
- Are tenants in place? YES
- Are tenants current? YES
- When does the tenant lease expire? CONTACT US
- Who pays the utilities? (tenant or owner) TENANTS
- Can you manage the rehab? NO
- Can you manage the property? NO
- 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.