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5319 S Lincoln Street

Somerville, IN 47683
  • $49,000
  • STATUS: Pending
  • ON SITE: 37 Days
  • MLS #: 202402564
Pending
UPDATED: 25 min ago
$49,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,540
    SQFT
Neighborhood:
Type:
Commercial
Built:
1917
County:
Area:

School Ratings & Info

Listing provided by Andrea White of RE/MAX REVOLUTION: Cell: 540-333-1869.

Description

This Building and property had multiple uses. This is a great opportunity for an investor. The back half of the building was turned to an apartment that is occupied on a month to month lease for $625/month utilities included. The apartment also has a walk out basement access. The front half of the building is open and not in use but with a little construction could easily be made into a second apartment giving a steady revenue stream for a great investment. Other opportunities include a meeting hall, celebrations hall, etc. PROPERTY IS SOLD "AS IS"

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© 2024 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Melton | ERA First Advantage Realty. Data last updated: 2024-03-04T18:28:15.42.

www.movingwithteammelton.com/homes/146964700
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5319 S Lincoln Street Somerville, IN 47683

  • Price: $49,000
  • Status: Pending
  • On Site: 37 Days
  • Updated: 25 min ago
  • MLS #: 202402564
0
Beds
0
Baths
0
½ Baths
0.12
Acres
1,540
SQFT
$32
$/SQFT
1917
Built
Neighborhood:
None
County:
Gibson
Area:
Gibson
Property Description
This Building and property had multiple uses. This is a great opportunity for an investor. The back half of the building was turned to an apartment that is occupied on a month to month lease for $625/month utilities included. The apartment also has a walk out basement access. The front half of the building is open and not in use but with a little construction could easily be made into a second apartment giving a steady revenue stream for a great investment. Other opportunities include a meeting hall, celebrations hall, etc. PROPERTY IS SOLD "AS IS"
Exterior Features

Construction Type1 Brick Exterior Brick Fire Doors YN No Lot Dimensions 38x135 Parking Gravel Parking Type Back Parking YN Yes Road Access City Roof Material Flat Security Light YN No Signs YN No Waterfront YN No

Interior Features

Basement Foundation Walk-Out BasementOutside Entrance Basement YN Yes Bldg1 Above Grd Sq Ft 1540 Bldg1 Below Grd Sq Ft 0 Bldg1 Fin Office Sq Ft 1540 Ceiling Height 8' Column Spacing n/a Cooling Central AirWindow Flooring Unfinished Heating Fuel Forced Air Interior Height 8' Interior Walls Drywall Special Features 110 Volts Total Restrooms 1

Property Features

Annual Taxes 0 Auction YN No Buildings 1 Burglar Alarm YN No Currently Leased YN Yes Documents Available None Enterprise Zone No Equipment YN No Fire Protection TownshipVolunteer For Sale Or Rent For Sale Gross Monthly Rent 625 Ingress Egress Gravel Lease Term Remaining Month to Month New Construction No Owner Real Estate License YN No Planned Unit Dev YN No Platted YN Yes Property Sub Type Special Purpose Property Use Investment Property Proposed Financing CashConventional Reo YN No Sale Includes Building Sewer Septic Smoke Fire Alarm YN Yes Sprinkler System YN No Tax Abatement No Township Barton Water Heater YN Yes Water Softener YN No Water Utility Well Year Taxes Payable 2023

Listing provided by Andrea White of RE/MAX REVOLUTION: Cell: 540-333-1869.

© 2024 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Melton | ERA First Advantage Realty.


© 2024 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Melton | ERA First Advantage Realty. Data last updated: 2024-03-04T18:28:15.42.

 
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Listing provided by Andrea White of RE/MAX REVOLUTION: Cell: 540-333-1869.