6300-6324 Bethel, Muncie, IN 47304


MLS ID: #201931662
Price: $ 419,900
Sq Ft: 5,364
Finished Sq Ft: 5,364
Lot Size: 4.84 Acres
Year Built: 1954
Bedrooms: 15
Full Bathrooms: 8
Half Bathrooms:
Taxes: $ 1
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Don’t miss this wonderful 8 unit investment opportunity. This property includes 3 duplex units + 2 single family homes + 2 buildings. Current rents are: West home is rented for $750 per month and seller pays utilities. The East home is rented for $650 per month and tenant pays utilities. North duplex is rented for $495 per month and $450 per month. Middle duplex is rented for $550 per month with seller paying utilities and other unit is currently vacant. South duplex is rented for $415 per month and other unit is rented for $340 per month (same tenant for 30+ years). Barns includes a 220 electric service. Would be great for storing an RV or other storage. There is a large compressor hooked up to car lift. Has been used as a repair shop previously. Seller is currently using the barns but could be additional income potential to rent out. Utilities: Seller pays sewer and trash on all units. Dumpster on site services 3 duplexes (monthly average costs is $50 per month). There are 3 wells on the property. Two of the wells are currently being used to service all the units. There is a commercial Kinetico water softener system owned by the seller. There is approx. 4.84 acres of land. There is room to build additional properties or build a home site! Located within the Wes-Del school system and just minutes from local shopping!

MLS ID: 201931662


# of Units 8
Price Per Unit 52,487.50
Above Grade Finished SF 5,364
Above Grade Unfinished SF 1
Combined Finished SF 5,364
Below Grade Finished SF 0
Below Grade Unfinished SF 0
Total Below Grade SF 0
Below Grade Rooms 1
Total Sq Ft 5,364
Lot Dimensions 4.84A
Approx Lot Size SqFt 210,830
Approx Lot Size Acres 4.840
Garage SF 1
Garage # of Cars 1
Outbuildings 3,000
Water Front No
Style One Story
New Construction No
Elementary School Wes-Del
Middle School Wes-Del
Senior Wesdel
District Wes-Del Community Schools
# Bedrooms 15
# of Full Baths 8
# of Half Baths 0
Living Room 7 x 0
Kitchen 550 x 0
Family Room 415 x 340
Bedroom 5 8 x 8
Laundry Room 20 x
Other Room 2 1 x 3650
Other Room 3 2 x
Annual Gross Rent Income $43,800.00
Annual Sewer Expense $1.00
Annual Fuel Expense $1.00
Annual Electric Expense $1.00
Annual Trash Expense $600.00
Annual Property Tax $5,503.42

Listing Office: RE/MAX Real Estate Groups

Listing Agent: Ryan Orr


Property information is provided by the Indiana Regional MLS. The IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the IRMLS. Featured Properties may have updated information provided by Myers Trust.