1407 W University Ave

Multi-Family
Pending

1407 W University Ave, MuncieIN 47303

Property Details

Location

Address
1407 W University Ave, MuncieIN 47303
County
Delaware
Submarket
Parcels
181109311004000003
In Opportunity Zone
Yes

Building Size

Building Size
3,288 SF
Rentable Space
3,288 SF

Building Details

Type
 Multi-Family  
 Pending
Number of Buildings
1
Number of Units
6
Occupancy Type
Single Tenant
Percent Occupied
100%
Building Class
Building Status
Existing
Floors
25
Year Built
1924
Sprinklers
Yes
Total Parking
7
Parking Ratio

Land & Utilities

Land (Acres)
0.32 Acres
Land (SF)
13,939 SF
Sanitary Sewer
Yes
Water
Yes
Rail Service
No
Zoning
R4 RESIDENTIAL
Lot Depth
133 ft
Lot Width
105 ft

Contacts

Current Listings

Ball State University Rental

3,288 SF$359,900
Coldwell Banker Commercial Real Estate Group

Great location just steps from Ball State University and "The Village" shopping/entertainment district. This well maintained home will generate $2,850 per month in rental income starting in August 2022. Tenants pay utilities. Six bedrooms and 4 bathrooms. Asphalt and gravel parking for 7 vehicles plus a one car detached garage. Fenced rear yard, hardwood floors, gas boiler new in 2016, new water heater, upgraded electric, upgraded kitchen and baths. Leased for 2022-2023 school year-nothing to do except collect the rent.

Coldwell Banker Commercial Real Estate Group

Great location just steps from Ball State University and "The Village" shopping/entertainment district. This well maintained home will generate $2,850 per month in rental income starting in August 2022. Tenants pay utilities. Six bedrooms and 4 bathrooms. Asphalt and gravel parking for 7 vehicles plus a one car detached garage. Fenced rear yard, hardwood floors, gas boiler new in 2016, new water heater, upgraded electric, upgraded kitchen and baths. Leased for 2022-2023 school year-nothing to do except collect the rent.

View Details
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Commercial Location Score (CLS) is a scoring system developed by Moody's Analytics to help commercial real estate professionals gain a quick understanding of the major factors that affect the value of a location. It's designed as a means to consistently evaluate a location's suitability/desirability for a particular use based on a number of factors.

CIE

Source: ICREX

More Information

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