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1517 S Walnut Street Muncie, IN 47302

Property Description
Investment Opportunity - 11-unit Apartments and an office space. All on South Walnut Street in Muncie. 2- two story commercial buildings (1523- 2 units/ office and 1525- 3units). A two story 6-unit apartment building (1517-1519)and a parking lot (1513). Rents range $450-500 per unit. All utilities included. As the units become available upgrades have been made to the vacant unit. Most units still have Not been remodeled and do need some improvements. Most units have long term renters on month-to-month leases. Upgrades include perseller: 2 new water heaters, rubber roof over unit 2 and a complete upgrade in unit 3.
Address:1517 S Walnut Street Muncie IN 47302
on site: 34 days
Year Built:1948
Lot Size:0.15
County: Delaware
Township: Center
School System : Muncie Community
MLS #:21770393
Property Type:5+Units Commercial

Lot Dimensions:6,670
Lot Features:Busline
Building Utilities:Electric, Sewer, Water, Gas Connected
Directions:Corner of W 9th and S Walnut (1513 Lot, 1517, 1523, 1525 Buildings)
Sq. Ft. Source:Assessor
Loan Price
Price And Interest $886/month
Property Tax $274/month
MTG INS $0/month
HOME INS $71/month
Down Payment %
0 %
Down Payment
Property Taxes
Home Owner Insurance
$852 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
Tucker Customer Care
Tucker Mortgage
Office +317-472-9201
Courtesy of Tucker Mortgage
Semi-Annual Property Tax:$1,646
Tax Year:2020
Financial Disclosures:Not Applicable
Other Disclosures:Package, Sales Disclosure On File
Area: 1808 - Delaware - Center
Zip Code:47302
School System:Muncie Community
Exterior Type:Wood Brick
Tammy Parker, REALTOR®/Broker, F. C. Tucker Company, Inc.
Tammy Parker
Additional Phone (765) 215-5523
1517 South WalnutStreet Muncie, IN 47302

2010 Enterprise Avenue


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Listing provided courtesy of Starr Real Estate, Inc..

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