$200,000
For Sale

800 Blk W Wayne Street

Muncie, IN 47306
Listing OfficeHighgarden Real Estate
Browse 5 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Prime Investment Opportunity Near Ball State University! Discover the potential of this exceptional investment property, comprising three expansive lots located just a stone's throw from the campus of Ball State University. Perfectly positioned for future development, these lots offer a rare opportunity to create a thriving multi-family apartment complex or residential housing community in a high-demand area. Key Features: zoned R-5 for multi-family use, just minutes walking distance from the campus, ideal location for student housing or faculty residences, growing demand for off-campus housing, versatile development options suitable for multi-family apartments, student housing, or a residential community, caters to the diverse needs of the university and local community. Whether you're an experienced developer or an investor looking to diversify your portfolio, this opportunity is too good to pass up!! Sale contains parcels 4,5, and 6 in photo 5!

  • Property Details
      • School DistrictMuncie Community Schools
      • Sewer InformationMunicipal Sewer On Site
      • Property SubtypeResidential Lots
      • SubdivisionNo Subdivision
      • Property TypePurchase
      • CountyDelaware
      • Original List Price$200,000
      • MLS #21995423
      • MLS #21995423
      • Cost200000
      • Acres0.23

Location

Monique Bledsoe | True Property ManagementReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00