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    1107 Lincoln Avenue

    New Castle, IN 47362
    • $69,900
    • STATUS: Active
    • ON SITE: 128 days
    • MLS #: 202028782
    UPDATED: 64 min ago
    $69,900
    • 6
      BEDS
    • 0.14
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 2,640
      SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1900
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:

    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 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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 MLS or Parker Team | Keller Williams Realty. Data last updated: 2020-11-30T07:28:48.473.

    www.parkerteamhomes.com/homes/108210466
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    1107 Lincoln Avenue New Castle, IN 47362

    • Price: $69,900
    • Status: Active
    • Updated: 64 min ago
    • MLS #: 202028782
    6
    Beds
    2
    Baths
    0
    ½ Baths
    0.14
    Acres
    2,640
    SQFT
    $26
    $/SQFT
    1900
    Built
    Neighborhood:
    Other
    County:
    Henry
    Area:
    Henry
    Elementary School:
    Eastwood
    Middle School:
    New Castle
    High School:
    New Castle
    School District:
    New Castle Community School Corp
    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 Traditional Driveway None Exterior Wood Fence None Location City/Town/Suburb Lot Description 0-2.9999Level Lot Dimensions 45X135 Outbuilding None Parking Street Parking Spaces 0 Pool YN No Roof Material Shingle Sea Wall Type None Style Two Story Waterfront YN No

    Interior Features

    Above Grade Bedrooms 6 Above Grade Finished Sqft 2640 Above Grade Unfin Sq Ft 0 Amenities BasementCable AvailableCable ReadyCeiling-9+Porch CoveredWater Heater Gas Basement Foundation Partial BasementUnfinished Basement Material Block Basement YN Yes Below Grade Baths 0 Below Grade Bedrooms 0 Below Grade Finished Sqft 0 Below Grade Unfin Sq Ft 0 Cooling Window Dishwashers 0 Disposals 0 Dryers 0 Flooring Other Heating Fuel Forced AirGas Microwaves 0 Ranges Ovens 2 Refrigerators 2 Rooms Below Grade 0 Total Baths 2 Total Below Grade Sqft 0 Total Sq Ft 2640 Unit1 Bedrooms 3 Unit2 Bedrooms 3 Wash Dry Hookups 2 Washers 0

    Property Features

    Annual Electric Expense 0 Annual Fuel Expense 0 Annual Gross Rent 17400 Annual Insurance Expense 500 Annual Maint Expense 2530 Annual Misc 0 Annual Net Income 13475 Annual Property Tax 895 Annual Trash Expense 0 Annual Water Sewer Exp 0 Assoc Dues Frequency Not Applicable Buildings 1 Cable Company Comcast Documents Available Income/ExpensesLBP FormSellers Disclosure Efficiencies 0 Electric Company Duke Energy Indiana Exemptions No Exemptions For Sale Or Rent For Sale Four Bedrooms 0 Gas Company Vectren Energy Gross Monthly Income 1450 Gross Monthly Rent 1450 Lease Term 1 YearMonth To MonthNegotiableRenewal Options New Construction No One Bedrooms 0 Owner Pays SewerTaxTrash CollectionWater Owner Real Estate License YN No Pet Restrictions YN No Planned Unit Dev YN No Property Sub Type Duplex Proposed Financing CashConventional Reo YN No Sale Includes BuildingLease Sewer City Tenant Pays CableElectricHeatingLawn Maintenance Three Bedrooms 2 Township Henry Two Bedrooms 0 Unit1 Unit Rent 550 Unit2 Unit Rent 900 Units Rented 2 Water Company New Castle Utility Water Utility City Year Taxes Payable 2019

    Listing courtesy of Jordan Marowelli of F.C. Tucker/Crossroads Real Estate.
    © 2020 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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 MLS or Parker Team | Keller Williams Realty.


    © 2020 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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 MLS or Parker Team | Keller Williams Realty. Data last updated: 2020-11-30T07:28:48.473.

     
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    Parker Team | Keller Williams Realty
    3298 McCarty Lane Suite A
    Lafayette IN, 47905