342 E Lincoln Highway New Haven, IN 46774 Pending

Presented By
Raptis Team

Email
Select Agent to Contact

By clicking "Message Agent", you agree to be contacted by Raptis Team about your request. Please see our Privacy Policy.

Other • 67Y Old

$359,900

342 E Lincoln Highway

11 Bedrooms
12 Bathrooms 11 Full, 1 Half
3717 sqft
0.47 Acres
Property Description

Attention Investors! Turnkey income producing property. There is an ANNUAL NET income of $45,460 on this mixed use property. There are 12 units. In the front building there are 2 retail units-one is a salon ($650/mo rent) that has been rented for 7 years, the other could be an office or easily converted into an apartment. Sellers have a bid of $10,000 to convert to a residential apartment (rent to be $900/mo). There is also a studio ($700/mo rent) and a 2 bedroom ($1100/mo rent) apartment in this building. In the rear building there are 8 efficiency apartments, some with long term tenants. These rent for $400/month. There is a 9thefficiency space that is used as the maintenance room. A storage shed is located next to the efficiencies.

Directions

On the corner of Sturm and Lincoln Highway East.

Map to 342 E Lincoln Highway, New Haven, IN 46774

Property
MLS # 202241581
Status Pending
Property Type Investment
Property SubType Other
Square Feet 3717 sqft
New Construction No
Style Other
Type Other
Bedrooms 11
Bathrooms 12 (11 Full, 1 Half)
Annual Taxes $4,000.00
Year Taxes Payable 2022
Year Built 1955
Days on Market 41
Room Dimensions
Living Room 1 × 0 Level
5th Bedroom 2 × 2 Level
Bathroom Locations
Full Baths 11 Main
External Features
Construction Other
Lot Size 20,473 sq ft
Acreage 0.47 Acres
Lot Dimensions 150x137
Out Buildings Shed
Fence None
Location
Area Allen County
County Allen
Subdivision Begues
Township Adams
City New Haven
State IN
Zip 46774
Schools
School District East Allen County
Elementary New Haven
Middle School New Haven
High School New Haven
Financial
Assoc. Dues $0.00 Not Applicable

MLS# 202241581.
Listing Provided Courtesy of Neal Sherk
North Eastern Group Realty
Cell: 260-341-0714

IDX information provided by the Indiana Regional MLS. 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. Data is deemed reliable but is not guaranteed accurate by the MLS.

Listing information last updated Saturday, November 26th, 2022 at 11:00 AM EST.

Learn More About 342 E Lincoln Highway

Presented By
Raptis Team

Email
Select Agent to Contact

By clicking "Message Agent", you agree to be contacted by Raptis Team about your request. Please see our Privacy Policy.