1107 Lincoln Avenue

New Castle, IN 47362 / Burrs

Listing # 21727947 Active
1-4 Units Residential

$69,900

1 units

Map Layers

Details for 1107 Lincoln Avenue, New Castle IN 47362

Great Investment Opportunity! This duplex boasts a 10.8% cap rate with taxes,insurance, some owner paid utilities and the ave of last 4 years of repairs figured. The property is currently rented. Both sides are 3 bedroom with an optional 4th in each depending on tenant's layout. One unit is rented for $550 per month, tenant pays gas and electric, owner pays water. This tenant is on month-to-month rent. The other unit is rented for $900. Water, sewer and gas included. This tenant is under lese until Oct 2020 with an option for month-to-month upon lease expiration.

Features and Details

  • Category Multi-Family
  • Type 1-4 Units Residential
  • Subdivision/Neighborhood Burrs
  • County Henry
  • Lot Size 6075
  • Acreage 0.14
  • Listing # 21727947
  • Year Built 1900
  • Beds Total 0
  • Baths Total 0
  • Baths Full 0
  • Baths Half 0
  • Garage Capacity 0
  • Total Units 1
  • Total SQFT 0 sqft

Utilities
Water, Gas Connected, Municipal Sewer Connected, Municipal Water Connected
Levels
Two
Building
Other
Lot
Access Street
Owner Pays
Other
Tenant Pays
Other
Parking
On Street
Township
Henry
Transaction Type
Sale
Acres
<1/4 Acre
Sale Type
Sale

Units Details

Unit 1
Room Dimensions
Kitchen: 0x0
Master Bm: 0x0
Levels
2.0000
Bathrooms
1.0000
Bedrooms
3
# of Rooms
6
# of Units
2
Rent
$550 Monthly
SqFt
1320
Utilities
ClWindUnit
FuelGas
HeatForced
HotWtrGas
Miscellaneous
Eat In Kitchen
Range/Oven
Refrigrater

Local Information (click to view details)

This listing was last updated on 7/24/2020 4:11:29 PM.

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