342 Lincoln Highway new Save Request In-Person Tour Request Virtual Tour
New Haven,IN 46774
Key Details
Property Type Condo
Sub Type Apartment Complex
Listing Status Active
Purchase Type For Sale
Square Footage 4,561 sqft
Price per Sqft $108
MLS Listing ID 202514352
Style Two Story
Bedrooms 14
Full Baths 10
Half Baths 2
Year Built 1955
Tax Year 2025
Lot Size 47.000 Acres
Property Sub-Type Apartment Complex
Property Description
Multi-family dwelling with 12 seperate units. 8 Studio apartments, currently all leased and under a 1 year lease. (9th unit possible to upgrade) 3 total units in front building, with 2 being apartments and 1 being a commercial space like a hair, nail, tax office and can be converted to a 2 bedroom apartment. The 2 apartments are under leases, with one unit being a 2 bed 1 bath, and one being 3 bed 1.5 baths. Great money making opportunity for an investor, currently bringing in around 6,000 dollars per month in rent. THIS PROPERTY EXCEEDS THE 1% RULE! Get it quick while it is available! Currently under professional property management and manager is willing to stay on and manage for the new buyer! (All room dimensions are estimates)
Location
State IN
County Allen County
Area Allen County
Zoning Other
Rooms
Dining Room 0
Interior
Flooring Carpet,Vinyl Tile
Laundry , 15
Exterior
Amenities Available Water Heater Gas
Building
Lot Description Irregular
Story 2
Structure Type Aluminum,Wood
New Construction No
Schools
Elementary Schools New Haven
Middle Schools New Haven
High Schools New Haven
School District East Allen County
Others
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202514352