IN > Muncie
Muncie, IN 47303,709 S Hutchinson Avenue
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Muncie, IN 47303,709 S Hutchinson Avenue
Muncie, IN 47303,709 S Hutchinson Avenue
Muncie, IN 47303,709 S Hutchinson Avenue
Muncie, IN 47303,709 S Hutchinson Avenue
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Trueblood Real Estate

Trueblood Real Estate

+1(317) 513-1395
$ 550,000
Est. payment /mo
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709 S Hutchinson Avenue Muncie, IN 47303

14 Beds

8 Baths

5,432 SqFt

UPDATED:

11/22/2024 01:40 PM

Key Details

Property Type Multi-Family

Sub Type Eightplex

Listing Status Active

Purchase Type For Sale

Square Footage 5,432 sqft

MLS Listing ID 202445010

Style One Story

Bedrooms 14

Full Baths 8

Abv Grd Liv Area 5,432

Total Fin. Sqft 5432

Year Built 1964

Annual Tax Amount $3,500

Tax Year 2024

Lot Size 0.430 Acres

Property Description

Solid all-brick 8-plex with significant interior updates. Each unit includes its own washer/dryer. The property features 6 two-bedroom units and 2 one-bedroom units, generating approximately $68,400 in estimated annual gross rents. Furnished rental could produce an extra $5,000-$6,000 annually. Current rents are competitive, with potential for increases. Tenants are responsible for all utilities, keeping operating costs low. Situated near Ball State University and IU Ball Memorial Hospital, this property is also within walking distance of Westside Park and the newly developed skate park. Unit 1 has been a mid-term rental at $1500 a month, but could be a traditional rental, furnished rental, or short/mid-term rental. This unit will sell with all the furnishings.

Location

State IN

County Delaware County

Area Delaware County

Direction White River BLVD to Hutchinson north to property.

Rooms

Dining Room 0

Interior

Flooring Mixed, Vinyl

Appliance Building, Land, Lease

Laundry , 15

Exterior

Amenities Available Other-See Remarks

Waterfront No

Total Parking Spaces 15

Building

Lot Description Level

Story 1

Structure Type Brick

New Construction No

Schools

Elementary Schools Westview

Middle Schools Northside

High Schools Central

School District Muncie Community Schools

Indiana Regional MLS (IRMLS)
IDX information provided by the Indiana Regional MLS
Listed by Ryan Kramer • RE/MAX Real Estate Groups • Cell: 765-717-2489

Trueblood Real Estate

Brokerage | RB14046098

+1(317) 513-1395

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709 S Hutchinson Avenue

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