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  • $245,000

    203 Lincoln St, Lafayette, IN 47904

    8beds
    2,788sqft
    Duplex
    Built in 1901
    -- sqft lot
    $253,400 Zestimate®
    $--/sqft
    $972 Estimated rent

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    $972/mo

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    $972/mo

    Rent Zestimate®

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    $1,425/mo

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    $1,425/mo

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    What's special

    This spacious duplex comes with 4 bedrooms 1 bathroom and a Basement on each unit for a total of 8 bedrooms and 2788 square feet. Both units have New Paint, New flooring, New appliances, New bathroom and more! One side is rented for $1600 and all utilities has its own meter for each unit. Including water! With the other side freshly renovated we are confident we can get $1600 for the other side as well. HUD has approved this pricing as well so it is safe to say this building can potentially bring $3200 a month in gross rent. Return on investment are estimates based on the rent and the few months this owner has possessed the building.

    Zillow last checked: 7 hours ago

    Listing updated: March 28, 2024 at 10:23am

    Listed by:

    Ryan Griswold 765-426-5502,

    Elite Property Mgmt and Realty

    Bought with:

    Ryan Griswold, RB16000796

    Elite Property Mgmt and Realty

    Source: IRMLS,MLS#: 202405843MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced Air
    Cooling
    • Window Unit(s)
    Appliances
    • Laundry: Washer Hookup
    Features
    • Flooring: Carpet, Vinyl
    • Basement: Partial,Block
    Interior area
    • Total structure area: 3,371
    • Total interior livable area: 2,788 sqft
    • Finished area above ground: 2,788
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Off Street, Off Street Parking
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 7,405 sqft
    • Dimensions: 72 X 91
    • Features: 0-2.9999, City/Town/Suburb
    Details
    • Additional structures: None
    • Parcel number: 790728205002.000004

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Materials
    • Vinyl Siding
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1901

    Utilities & green energy

    • Sewer: City
    • Water: City
    • Utilities for property: Cable Available, Cable Connected

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s)
    Location
    • Region: Lafayette
    • Subdivision: None

    HOA & financial

    Other financial information
    • Total actual rent: 38400

    Other

    Other facts
    • Listing terms: Cash,Conventional
    Services availability
    Sell for more on Zillow
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    $253,400
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    With Zillow Showcase(estimated)$258,468