1517-1525 S Walnut St
Muncie, IN 47302 South Muncie

$500,000 USD

Apartments For Sale • 5,300 SF

Property Details

Property Type Apartments
Total Building Size 5,300 SF
Building Class C
Year Built 1953

0 Transit Score

57 Walk Score

                
                    Highlights
                
                                Extensive Capital Improvements: Ownership has replaced mechanical systems, interior finishes siding, subflooring, drywall, and much more
                            
                                Full Electric System Replacement: All units were completely re-wired and new individual meters installed
                            
                                Upside Through Commercial Space: The property currently has a vacant commercial space offering potential for revenue increases through lease-up
                            
                                Additional Unit Upside: Two additional units are partially complete and can be finished for immediate rental increases