Great Opportunity to Buy and Hold!
2609 W Lincolnshire Dr, Muncie, IN 47304
Value-Add Single Family Opportunity
PRICE: $173,000 Market Comps: $227,947 Potential Rent: $1,600 Lot Size: 10,454
Unit Mix:
One 4 BR/1 Bath
Occupancy: 100% Vacant
Market Rents: $1,600
Taxes: $3,100
Insurance: $1,500
Utilities: Tenant will pay all
Building Square Footage: 1,749 SqFt
Lot Size: 10,625 SqFt
Year Built: 1962
Management: Currently self-managed, but an excellent local property management company ready to step in and manage this one for the next owner.
Cap Rate (Pro Forma): (5% Vacancy, Taxes, Insurance, and 10% Prop Management included in Pro Forma Cap and Actuals)
TEXTING IS THE FASTEST WAY TO GET A HOLD OF US!
If you have any questions about this property please contact:
Primary Contact: Jack Keith (463) 240-1822
Important Disclosures: Five Stream Ventures, LLC. is not an appraiser or a general contractor and does not claim to be one. Buyer is to do their own independent due diligence. All properties are sold as is, where is with no warranties or representations expressed or implied. Five Stream Ventures, LLC. is a real estate investment firm and does not claim to be licensed real estate agents or brokers.