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$124,900 (Sold)

401 N Monroe Street Muncie, IN 47305

Property Description
Investment Opportunity! Tenant Occupied on Month-to-Month Leases. Two Story Apartment Building. 5 Units: 1 bed, 1 bath rents of $400-500/unit. Tenants pay electric .Additional 41x125 gravel lot currently being used as off-street parking. Same owner since 1999. Multiple updates have been done per seller, including roof in 2017 and HVAC in 2018.
Address:401 N Monroe Street Muncie IN 47305
Sold On: 9/3/2021
Year Built:1880
Lot Size:0.11
County: Delaware
Township: Center
School System : Muncie Community
MLS #:21801972
Property Type:5+Units Commercial

Lot Dimensions:5,000
Lot Features:Access Street, Not In Subdivision
Building Utilities:Separate Electric Meter, Sewer, Water, Cable Available, Gas Connected, Municipal Water Connected
Directions:N Madison St, right onto E Gilbert St, left onto Monroe to property on left
Sq. Ft. Source:Assessor
Loan Price
Price And Interest $652/month
Property Tax $93/month
MTG INS $0/month
HOME INS $52/month
Down Payment %
0 %
Down Payment
Property Taxes
Home Owner Insurance
$624 / 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:$559
Tax Year:2021
Financial Disclosures:Not Applicable
Other Disclosures:Sales Disclosure On File
Area: 1808 - Delaware - Center
Zip Code:47305
School System:Muncie Community
Exterior Features:Driveway Gravel
Exterior Type:Vinyl
Tammy Parker, REALTOR®/Broker, F. C. Tucker Company, Inc.
Tammy Parker
Additional Phone (765) 215-5523
F.C. Tucker Company, Inc
401 North MonroeStreet Muncie, IN 47305

1517 Walnut Street


401 North MonroeStreet Muncie, IN 47305

1203 1St Street


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Listing provided courtesy of Starr Real Estate, Inc..

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