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$69,900

1107 Lincoln Avenue New Castle, IN 47362

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: 88 days
Price:$69,900
Bathrooms:0
Year Built:1900
Lot Size:0.14
County: Henry
Township: Henry
School System : New Castle Community
MLS #:21727947
Property Type:1-4 Units Residential

Lot Dimensions:6075
Lot Features:Access Street
Building Utilities:Water, Gas Connected, Municipal Sewer Connected, Municipal Water Connected
Directions:From Highways 3/38, south on 3 to Indiana. East to 12th. Turn left at first stop sign, second house on right.
Loan Price
$468
Price And Interest $365/month
Property Tax $74/month
MTG INS $0/month
HOME INS $29/month
Price
$69,900
Down Payment %
0 %
Down Payment
$0
Property Taxes
$74/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
Semi-Annual Property Tax:$445
Tax Year:2019
Financial Disclosures:Not Applicable
Other Disclosures:Sales Disclosure On File
Area: 3307 - Henry - Henry
Subdivision: BURRS
Zip Code:47362
School System:New Castle Community
Exterior Features:Not Applicable
Exterior Type:Wood
Matthew Huffman, REALTOR®/Broker, F. C. Tucker Company, Inc.
Matthew Huffman
Phone (765) 524-4985
Additional Phone (765) 521-9464
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1107  LincolnAvenue New Castle, IN 47362

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1107  LincolnAvenue New Castle, IN 47362

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1107  LincolnAvenue New Castle, IN 47362

1341 Circle Street

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1107  LincolnAvenue New Castle, IN 47362

1108 Spring Street

$34,900

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1102 Spring Street

$59,900

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1107  LincolnAvenue New Castle, IN 47362

521 Main Street

$14,900

Pending
1107  LincolnAvenue New Castle, IN 47362

1208 Lincoln Avenue

$84,900

Pending
1107  LincolnAvenue New Castle, IN 47362

300 Main Street

$87,900

Active
1107  LincolnAvenue New Castle, IN 47362

1341 Circle Street

$95,000

Pending
1107  LincolnAvenue New Castle, IN 47362

1108 Spring Street

$34,900

Pending
1107  LincolnAvenue New Castle, IN 47362

1102 Spring Street

$59,900

Pending
1107  LincolnAvenue New Castle, IN 47362

521 Main Street

$14,900

Get more information

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

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.