152 W Lincoln Street Nappanee, IN ^$ 149,900

152 W Lincoln Street

^$ 149,900

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152 W Lincoln Street

Nappanee, IN, 46550

^$ 149,900

Bedrooms12 Baths3.0 Sq 2,838

Monthly Estimate*

^$ 1,047

152 W Lincoln Street, Nappanee, IN 46550 - Image 1

152 W Lincoln Street, Nappanee, IN 46550 - Image 2

152 W Lincoln Street, Nappanee, IN 46550 - Image 3

152 W Lincoln Street, Nappanee, IN 46550 - Image 4

152 W Lincoln Street, Nappanee, IN 46550 - Image 5

Multi-Family Home for sale in Nappanee, IN

for $149,900 with 12 bedrooms and 3 full baths. This 2,838 square foot home was built in 1910.

Discover the perfect investment opportunity in the heart of Nappanee with this exceptional property. Featuring a 2-bedroom unit, an efficiency unit and 10-rooms for rent by the week. This property promises great cash flow potential for savvy investors. Situated conveniently close to downtown, tenants will enjoy easy access to local amenities and businesses. Whether you're looking to expand your rental portfolio or seeking a prime location for your next business venture, this property is poised to deliver both value and returns.

Multi-Family Pending

Price

^$ 149,900

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 4,052

Style

Foursquare

Year Built

1910

Town/City

Nappanee

County/Region

Elkhart

MLS | Web ID

202413623

Features

General

Heating Gas Radiator

Cooling None

Sewer City

# of Buildings 1

Status Pending Pending

Full Baths 3

Half Baths 0

Bathrooms 3

Year Built 1910

Parking None

New Construction No

Tenant Pays None

Subdivision None

Style Two Story

Stories 2

Township Locke

Class INVESTMENT

Type Apartment Building

Age 114

Net Income 15438

Rent Income 33800

Features Basement Cable Ready Porch Enclosed

Inside City Limits Yes

REO No

Common Amenities Sidewalks

Area Elkhart County

Location City/Town/Suburb

High School NorthWood

City Nappanee

School District Wa-Nee Community Schools

Architctural Style Foursquare

Total Sq Ft 3860

Street Name Lincoln

Elementary School Nappanee

Middle School NorthWood

Legal Description METZLERS ORIG E 63FT LOT 14 (TIF 80)

Agent First Name Emmon

Agent Last Name Schmucker

DOM 6

Tax Year 2023

Interior

Basement Full Basement

Flooring Carpet

Beds 3

Total Number of Units 12

Microwaves 0

Refrigerators 2

Washers 0

Dryer(s) 0

Dishwasher(s) 0

Disposal(s) 0

Above Grade Bedrooms 3

Below Grade Baths 0

Below Grade Bedrooms 0

Total Rooms Below Grade 1

Ranges/Ovens 2

W/D Hookups 0

Basement Material Block

Exterior

Exterior Stucco

Driveway None

Pool Y/N No

Number of Parking Spaces 3

Lot Size Area 4138

Lot Dimensions 63X66

Lot Description Irregular

Fence None

Water Meters 1

Electric Meters 1

Outbuilding None

Water Features None

Gas Meters 1

Waterfront Y/N No

* Excluded Features

List By

Emmon Schmucker

Listing Agent

Coldwell Banker Real Estate Group

Broker

emmonschmucker@gmail.com

Affordability Calculator

$1,385

Per Month

Monthly Principal & Interest: $1,047
Monthly Property Taxes: $338
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Nappanee, IN

Average List Price ^$149,900

Percent of Sale Price 0%

About Nappanee, IN

7,184 Population

1% Since 2002

^$50,115 Median Income

36.14 Median Age

38% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1236368 Elementary School

1236439 Middle School

NorthWood High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/22/2024	$149,900		Listed Price

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152 W Lincoln Street, Nappanee, IN, 46550 is a Multi-Family Home for sale at $149,900 with 2,838 sqft. 152 W Lincoln Street has 12 bedrooms, 3.0 baths, and was built in 1910. The property's zip code is 46550 which is in Nappanee, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Multiple Listing Service of the Indiana Regional Multiple Listing Service.

The data relating to real estate for sale on this web site comes in part from the Indiana Regional Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is 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.

Data is updated as of 5/16/2024.

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152 W Lincoln Street

Multi-Family Home for sale in Nappanee, IN

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