For Sale
$390,000

2450 Lincoln StAnderson, IN 46016

Sixplex with 5 renovated units, great income potential.

Overview

Added:
Feb 3
Days on market:
61
This Anderson, Indiana sixplex at 2450 Lincoln Street offers immediate income generation with its five renovated units. Three units are currently rented, including two 2-bedroom units and one studio apartment, providing a steady cash flow. The property boasts a total of 5,676 square feet situated on a 0.1-acre lot. One unit requires rehabilitation, presenting an opportunity for value enhancement and increased rental income. This property is a compelling investment opportunity, particularly for those seeking immediate returns. The property's location in Anderson, IN offers convenient access to local amenities and transportation. This sixplex is available for purchase individually, or as part of a larger package deal that includes a fourplex (property ID 22014041) and another sixplex (property ID 22014061). The asking price for this promising multi-family investment is $390,000. The potential for rental income, combined with the opportunity for property improvement, makes this a strong contender in the Anderson, IN multi-family market. Serious inquiries are encouraged to explore this lucrative investment opportunity further. Detailed financial information and property reports are available upon request.

Property Details for 2450 Lincoln St

Property type
Multifamily properties
Square Feet
5,676 SF
Year Built
1890
Lot Size (sq. ft)
4,356 SF

Location Insight

City
Anderson
County
Madison
State
Indiana
Latitude
40.09106
Longitude
-85.68454
2450 Lincoln St, Anderson, Indiana

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2450 Lincoln St
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