2450 Lincoln St Anderson, IN 46016
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.