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342 Lincoln Highway, New Haven, IN 46774

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For Sale
Price Reduced

$450,000

14 beds10 baths2 half baths4,561 sqft

Estimated Payment

$      /mo.

APR for 30 years

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  • Apartment
    Property type

  • 1955
    Year built

  • $98.66
    Price per square foot

  • Slab Foundation
    Basement

Explore this Property

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)
MLS# 202514352

Listed By CENTURY 21 Bradley Realty, Inc.

Property Features

  • Basement
    Slab Foundation
  • Cooling
    Wall Unit A/C
  • Exterior Description
    Aluminum Siding, Wood Siding
  • Flooring
    Wall to Wall Carpet
  • Lot Description
    Irregular
  • Lot Size
    47 Acres
  • Sewer
    City
  • Style
    Other Style
  • Water
    City Water

Home seller CENTURY 21 Bradley Realty, Inc.

Get to know the neighborhood. A local affiliated CENTURY 21 agent will help you set up tours, give advice, and negotiate with sellers.

Eric Bolyard of AG Realty Team

of CENTURY 21 Bradley Realty, Inc.

(574) 238-0777
Learn More About Us

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Monthly Payment Breakdown

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  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
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