Catylist ID:
#30785552
| Catylist Listing ID: | 30785552 |
| Property Subtypes: | Student Housing, Other |
| Status: | Pending |
| Number of Units: | 2 Units |
| Building Size (RSF): | 1,107 SF |
| Gross Land Area: | 10,000 SF |
| Sale Price: | $170,000 |
| Unit Price: | $85,000 Per Unit |
| Property Use Type: | Investment |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 5/19/2022 |
Overview / Comments
|
2 Single family residential houses located on BSU campus. Both houses are currently rented for $700 per month and are leased through July 31, 2022. Rents are currently under market and houses need some minor updating so this is a prime value-add opportunity in the Ball State area. Houses are to be sold together and are sold AS IS. No land contracts please. Minimum 24 hour notice to show. 720 Details: 3bd/1 bath (additional stool/sink/shower in basement) Full basement Detached garage Central A/C and gas heat Stove/Fridge/W/D included $700/month Taxes $1,384/yr 716 Details: 3bd/1 full and 1 3/4 bath Full basement Central A/C and gas heat Stove/Fridge/W/D included $700/month Taxes $1,398/yr. |
Financials
| Finance Data Year | 2021 |
|---|---|
| Real Estate Taxes - Annual($) | $2,782 (Annual) |
Additional Details
| Nearest MSA: | Muncie |
| County: | Delaware |
| Tax ID/APN: | 18-11-09-257-003.000-003 |
| Zoning: | R-4 |
| Area Description: | BSU Campus |
| Total Number of Buildings: | 2 |
| Property Condition: | Average |
| Number of Stories: | 1 |
| Year Built: | 1924 |
| Exterior Description: | Wood siding |
| Laundry: | In Each Unit |
| Heat Type: | Natural Gas |
| Heat Source: | Central |
| Air Conditioning: | Engineered System |
| Lot Frontage: | 40 |
| Lot Depth: | 125 |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 22,328 | 68,121 | 89,190 |
| Median Age: | 25.26 | 33.94 | 36.15 |
| Households: | 6,916 | 26,698 | 35,308 |
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