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717 E Lincoln Way, South Bend, IN 46601 Photo
717 E Lincoln Way, South Bend, IN 46601 Photo
717 E Lincoln Way, South Bend, IN 46601 Photo
717 E Lincoln Way, South Bend, IN 46601 Photo

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$139,900
Status: Active
717 E Lincoln Way South Bend, IN 46601
  • 2
    Bedrooms
  • 2
    Total Baths
  • 1,456
    Square Feet
  • 0.10
    Acres
  • 1928
    Year Built
  • HOA

Property Description

Located in South Bend's Edgewater Historic District, this all-brick two-story duplex offers a strong opportunity for the next investor. The property is currently rented with two Section 8 tenants in place and is professionally managed, allowing for a smooth transition into ownership. Apartment 1 rents for $1,123/month and Apartment 2 rents for $1,326/month. Each unit has a $1,123 security deposit, with an additional $300 pet security deposit for Apartment 2. Owners currently pay utilities, with an agreement in place allowing tenants to be charged back for utility overages. Monthly utilities for electric, gas, water, sewer, and trash typically range from approximately $250"$370, based on recent usage. With established tenants, classic brick construction, and a convenient location near downtown South Bend, restaurants, parks, shopping, and public transportation, this property is a practical addition to any rental portfolio. Lease agreements, T-12s, and management statements available upon request. Tenant rights apply.

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Listed By / Shown By

Listed By

Broker Name: McKinnies Realty, LLC
Broker Contact: Cell: 574-202-2752
Agent Name: Natashia Bontrager

Shown By

Broker Title: Cressy & Everett Real Estate
Broker Phone:

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Property Features

MLS Number: 202627891
Subdivision: Edgewater
County: St. Joseph
Bedrooms: 2
Total Square Feet: 1,456
Style: Duplex
New Constuction: No
Construction: Brick
Waterfront: No
Property Type: Multi Unit - Multiple
Basement: Full Basement, Unfinished
Basement: Yes
Cooling: Window
Heating: Conventional
Lot Size: 0.10 Acres
Roof Type: Dimensional Shingles
Stories: 2.0
Year Built: 1928

Feature Descriptions

Above Grade Finished SQFT: 1456
Amenities: Basement, Porch Covered, Water Heater Gas, Washer Hook-Up
Days on CressyEverett.com: 1
Exterior: Brick
Home Style: Duplex
Location: City/Town/Suburb
Lot: Corner
Lot Dimensions: 44X100
Owner Pays: Building Insurance, Electric, Heating, Lawn Maintenance, Maintenance, Sewer, Snow Removal, Tax, Trash Collection, Water
Sale Inclusions: Building, Land
Sewer: City
Tenant Pays: Cable
Total Finished SQFT: 1456
Units: 2
Water: City

Location

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Estimated Payment

$ 733.56 per month $692.75 Principal & Interest $0.00 Property Tax (data not provided by mls) $40.80 Homeowner's Insurance

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