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$69,900

1107 Lincoln Avenue New Castle, IN 47362

  • 6 Beds
  • 2 Baths
  • 2,640 sq. Ft
Schedule a Video Chat Tour
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.
Address:1107 Lincoln Avenue New Castle IN 47362
Status:Active
on site: 133 days
Price:$69,900
Bedrooms:6 Beds
Bathrooms:2 Full Baths
Sq. Feet:2,640
Year Built:1900
Lot Size:0.14
County: Henry County
Township: Henry
School System : New Castle Community
MLS #:202028782
Property Type:Duplex

Lot Dimensions:45x135
Directions:From Highways 3/38, south on 3 to Indiana. East to 12th. Turn left at first stop sign, second house on right.
Total Sq. Ft. :2,640
Basement:Yes
Loan Price
$477
Price And Interest $365/month
Property Tax $83/month
MTG INS $0/month
HOME INS $29/month
Price
$69,900
Down Payment %
0 %
Down Payment
$0
Property Taxes
$83/month
Home Owner Insurance
$348 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS
Tucker Customer Care
Tucker Mortgage
Office +317-472-9201
Courtesy of Tucker Mortgage
RoomSizeLevel
5th Bedroom 2 x 2 Info Not Available
Annual Property Tax:$500
Tax Year:2019
Subdivision: Other
Zip Code:47362
School System:New Castle Community
High School:New Castle
Middle School:New Castle
Elementary School:Eastwood
Total Sq. Ft.:2,640
Jordan Marowelli, REALTOR®/Broker, F. C. Tucker Company, Inc.
Jordan Marowelli
Phone (765) 238-3378
Additional Phone (765) 521-9464
Schedule a Video Chat Tour
Pending
1107  LincolnAvenue New Castle, IN 47362

1108 Spring

Nearby Similar Homes Bathroom Icon2 Beds
Nearby Similar Homes Bedroom Icon2 Baths
Nearby Similar Homes Square Feet Icon1,904 sq. Ft

$34,900

Pending
1107  LincolnAvenue New Castle, IN 47362

1102 Spring

Nearby Similar Homes Bathroom Icon2 Beds
Nearby Similar Homes Bedroom Icon4 Baths
Nearby Similar Homes Square Feet Icon1,824 sq. Ft

$59,900

Pending
1107  LincolnAvenue New Castle, IN 47362

1108 Spring

Nearby Similar Homes Bathroom Icon2 Beds
Nearby Similar Homes Bedroom Icon2 Baths
Nearby Similar Homes Square Feet Icon1,904 sq. Ft

$34,900

Pending
1107  LincolnAvenue New Castle, IN 47362

1102 Spring

Nearby Similar Homes Bathroom Icon2 Beds
Nearby Similar Homes Bedroom Icon4 Baths
Nearby Similar Homes Square Feet Icon1,824 sq. Ft

$59,900

Pending
1107  LincolnAvenue New Castle, IN 47362

7101 Primrose Parkway

Nearby Similar Homes Bathroom Icon2 Beds
Nearby Similar Homes Bedroom Icon1 Baths
Nearby Similar Homes Square Feet Icon728 sq. Ft

$58,900

Active
1107  LincolnAvenue New Castle, IN 47362

7004 Hibiscus Drive

Nearby Similar Homes Bathroom Icon4 Beds
Nearby Similar Homes Bedroom Icon2 Baths
Nearby Similar Homes Square Feet Icon672 sq. Ft

$84,900

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Listing provided courtesy of F.C. Tucker/Crossroads Real Estate.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company, Inc. include the name of the listing IDX broker. This information is provided exclusively for 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 broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.