1208 Lincoln, New Castle, IN 47362 - Myers Trust

1208 Lincoln, New Castle, IN 47362


MLS ID: #202240458
Price: $ 149,900
Sq Ft: 3,056
Finished Sq Ft: 3,056
Lot Size: 0.14 Acres
Year Built: 1965
Bedrooms: 4
Full Bathrooms: 2
Half Bathrooms: 1
Taxes: $ 650
  • Bookmark and Share

This duplex offers fully rented units for a turn key investment. Each unit offers 2 bedrooms and over 1,500 SF of living space. When property is fully rented, ROI is approximately 10.5%. Tenant pays electric and gas. Owner pays water, sewer, and trash. Each unit is designed the same with the exception that the unit on the right has an additional 1/2 bath. The covered front porch is spacious for outside seating. The main level offers a spacious living room, dining room, kitchen, laundry room, and mudroom with access to the backyard. Upstairs, you will find a full bath and two bedrooms with spacious closets. Yard space in back allows for outdoor living and large shed offers extra storage.

MLS ID: 202240458


# of Units 2
Price Per Unit 74,950
Above Grade Finished SF 3,056
Above Grade Unfinished SF 1
Main Level SF 1,528
Upper Level SF 1,528
Combined Finished SF 3,056
Below Grade Finished SF 656
Below Grade Unfinished SF 656
Total Below Grade SF 656
Total Sq Ft 3,712
Lot Dimensions 108x57
Approx Lot Size SqFt 6,186
Approx Lot Size Acres 0.1420
Garage SF 1,020
Garage # of Cars 1.50
Outbuildings 96
Water Front No
Style Two Story
New Construction No
Elementary School Parker
Middle School New Castle
Senior New Castle
District New Castle Community School Corp
# Bedrooms 4
# of Full Baths 2
# of Half Baths 1
# Above Grade Bedrooms 5
Living Room 2 x 0
Family Room 800 x
Bedroom 4 2 x 2
Bedroom 5 1 x 1
Extra Room 1 x 2
Other Room 3 2 x
Annual Gross Rent Income $18,600.00
Annual Sewer Expense $1,020.00
Annual Fuel Expense $0.00
Annual Electric Expense $0.00
Annual Trash Expense $45.00
Annual Property Tax $1,068.90

Listing Office: F.C. Tucker/Crossroads Real Estate

Listing Agent: Jon Kindred


Property information is provided by the Indiana Regional MLS. The 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. The data is deemed reliable but is not guaranteed accurate by the IRMLS. Featured Properties may have updated information provided by Myers Trust.