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    1107 Lincoln Avenue

    New Castle, IN 47362
    • $69,900
    • STATUS: Active
    • ON SITE: 126 days
    • MLS #: 21727947
    UPDATED: 10 min ago
    $69,900
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1900
    County:

    School Ratings & Info

    School District:

    Description

    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.

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    © 2020 Metropolitan Indianapolis Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or Heard Real Estate Team | eXp Realty, LLC.
    www.indyhomehunter.com/homes/108210272
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    1107 Lincoln Avenue New Castle, IN 47362

    • Price: $69,900
    • Status: Active
    • Updated: 10 min ago
    • MLS #: 21727947
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    1900
    Built
    Neighborhood:
    Burrs
    County:
    Henry
    Area:
    3307 - Henry - Henry
    School District:
    New Castle Community
    Property Description
    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.
    Exterior Features

    Architectural Style Multi-Level Exterior Wood Exterior Amenities Not Applicable Foundation Basement-BlockPartial Lot Information Access Street Lot Size 6075 Unit Parking On Street

    Interior Features

    Baths Total 0.00 Building Information Other Building Levels Two Laundry Other Rooms Total 0 Square Foot Main Upper 0

    Property Features

    Building Utilities WaterGas ConnectedMunicipal Sewer ConnectedMunicipal Water Connected Contingency Act With No Contingency Conversion No Direct Soliciting No Disclosures Not Applicable Expenses 0 Gross Operating Income 0 Inspection Warranties Leadbasepaint New Construction No Other Disclosures Sales Disclosure On File Possession Negotiable Possible Financing ConventionalInsuredconventionalOther Property Attached YN Yes Property Sub Type 1-4 Units Residential Schools Eastwood ElementaryNew Castle HighNew Castle Middle Semi Annual Property Tax Amount 445 Tax Exemption None Tenant Pays Other Township Henry Transaction Type Sale Unit Count 1

    Listing provided courtesy of F.C. Tucker/Crossroads Real Es. © 2020 Metropolitan Indianapolis Board of REALTORS®. Information Deemed Reliable But Not Guaranteed.


    © 2020 Metropolitan Indianapolis Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or Heard Real Estate Team | eXp Realty, LLC.
     
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    Heard Real Estate Team | eXp Realty, LLC
    450 E 96th Street Suite 500
    Indianapolis IN, 46240