2450 Lincoln St Anderson, IN 46016

Property Details for 2450 Lincoln St

Year built

1890

Lot size

0.10 lot acres

Property size

5,676 SF

Property type

Multifamily properties

Description

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.