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717 E Lincoln Way
South Bend, IN 46601

$139,900 - Status: Pending
SQFT: 1,456
MLS# 202627891

Located in South Bend's Edgewater Historic District, this all-brick two-story duplex offers a strong opportunity for the next investor. The property is currently rented with two Section 8 tenants in place and is professionally managed, allowing for a smooth transition into ownership. Apartment 1 rents for $1,123/month and Apartment 2 rents for $1,326/month. Each unit has a $1,123 security deposit, with an additional $300 pet security deposit for Apartment 2. Owners currently pay utilities, with an agreement in place allowing tenants to be charged back for utility overages. Monthly utilities for electric, gas, water, sewer, and trash typically range from approximately $250"$370, based on recent usage. With established tenants, classic brick construction, and a convenient location near downtown South Bend, restaurants, parks, shopping, and public transportation, this property is a practical addition to any rental portfolio. Lease agreements, T-12s, and management statements available upon request. Tenant rights apply.

Property Features

MLS#: 202627891
Zip: 46601
Subdivision: Edgewater
Development: Portage
Property Type: Multi Unit - Multiple
Number of Units: 2
Basement: Full Basement, Unfinished
Basement: Yes
Cooling: Window
Days on Site: 16
Heating: Conventional
Home Style: Duplex
Lot Size: 0.10 acres
Roof Type: Dimensional Shingles
Stories: 2.0
Year Built: 1928

Feature Descriptions

Above Grade Finished SQFT: 1456
Amenities: Basement, Porch Covered, Water Heater Gas, Washer Hook-Up
Exterior: Brick
Location: City/Town/Suburb
Lot Description: Corner
Lot Dimensions: 44X100
Owner Pays: Building Insurance, Electric, Heating, Lawn Maintenance, Maintenance, Sewer, Snow Removal, Tax, Trash Collection, Water
Sale Inclusions: Building, Land
Sewer: City
Tenant Pays: Cable
Total Finished SQFT: 1456
Units: 2
Water: City

Local Schools

High School: Riley
Middle School: Navarre
Elementary School: Lincoln
School District: South Bend Community School Corp.

717 E Lincoln Way | MLS# 202627891

This multi-family property located at 717 E Lincoln Way, South Bend, IN 46601 is currently listed for sale with an asking price of $139,900. E Lincoln Way is located within the South Bend Community School Corp. school district. Search South Bend real estate on www.coldwellbanker1stchoice.com today.

Listed By / Shown By

Listed By

Agency Name: McKinnies Realty, LLC
Agency Contact: Cell: 574-202-2752
Agent Name: Natashia Bontrager

Shown By

Agency Title: Coldwell Banker 1st Choice
Agency Phone: (219) 324-2121

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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. Data is deemed reliable but is not guaranteed accurate by the MLS

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