342 Lincoln Highway New Haven, IN 46774
Listing Courtesy of: INDIANA REGIONAL MLS, INC / Century 21 Bradley Realty, Inc. / Harrison "Eric" Bolyard - Contact:  Cell: 574-238-0777

  342 Lincoln Highway New Haven, IN 46774

Active (7 Days)
$495,000

Description

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
Taxes
$6,043(2025)
Lot Size
47 acres
Type
Multifamily
Year Built
1955
Style
Two Story
School District
East Allen County
County
Allen County
Community
Other

Listed By

Harrison "Eric" Bolyard, Century 21 Bradley Realty, Inc., Contact: Cell: 574-238-0777
Source
INDIANA REGIONAL MLS, INC
Last checked Apr 29 2025 at 9:45 PM GMT+0000
Bathroom Details
Subdivision
  • Other
Lot Information
  • Irregular
Heating and Cooling
  • Baseboard
  • Multiple Heating Systems
  • Wall Ac
  • Multiple Cooling Units
Basement Information
  • Slab
Flooring
  • Carpet
  • Vinyl Tile
Exterior Features
  • Aluminum
  • Wood
Utility Information
  • Utilities: City
  • Sewer: City
School Information
  • Elementary School: New Haven
  • Middle School: New Haven
  • High School: New Haven
Stories
  • 2
Living Area
  • 4,561 sqft
Additional Information: Bradley Realty, Inc. | Cell: 574-238-0777
Location
   
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Estimated Monthly Mortgage Payment

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Disclaimer: 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. © 2025 Indiana Regional MLS.. 4/29/25 14:45