Property Back to Results Property

704 N Alameda Dr, Muncie, IN 47303

$219,900
: 5
BD
: 3
BA
: 2,396
SqFt

Add to Favorites New Search

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Add to Favorites

List Price: $219,900
MLS#: 202643202
Sqft. of Residence: 2,396
Status: ACTIVE

Refine Search

Property Description

Established rental income and a location near Ball State University make this property a compelling addition to an investment portfolio! Leased through July 15th, 2027, at $2,425 per month, the home provides $29,100 in scheduled annual gross rent. Five bedrooms, three full bathrooms, and approximately 2,396 finished square feet, including 1,000 finished square feet in the basement, provide a spacious layout. A tiled foyer welcomes you inside, while basement laundry and off-street parking add everyday convenience. Gas forced-air heat and central air round out the property’s features, and the tenants are responsible for all utilities under the lease. Property is currently leased and tenant occupied. Interior photos were taken when the property was staged and do not reflect current tenant furnishings/occupancy. Furniture, decor and personal property shown in the photos are not included in the sale. Sale is subject to the existing lease and tenant rights.

765-573-6185

Search All Properties

Additional Information

Tenant Pays: Electricity, Fuel, Sewer, Trash Collection, Water
Basement: Full, Finished
Stories: 1
Acres: 0.14
Cooling: Central Air
Water: City
Region: Delaware County
School District: Muncie Community Schools