717 E Lincoln Way, South Bend, IN 46601

$139,900
2
BD
2
BA
2,184
SqFt

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List Price
$139,900
Status
ACTIVE
MLS#
202627891
Style
Two Story
Above Grade SF
1456
Bedrooms
2
Total # Full Baths
2
Subdivision
Edgewater
Year Built
1928

Property Description

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.

Additional Information

County
St. Joseph County
Township
Portage
School District
South Bend Community School Corp
Basement/Foundation
Yes
Garage/# of Cars
1
Outbuildings
None
Acres
0.10
Lot Dimensions
44X100
Sewer
City
Heating
Conventional
Cooling
Window
Water Utility
City
Appliances
Building, Land
Amenities
Basement, Porch Covered, Water Heater Gas, Washer Hook-Up
Taxes
$1,403
HOA Freq
Not Applicable
High School
Riley
Middle School
Navarre
Elementary School
Lincoln
Property SubType
Duplex

Listing courtesy of Natashia Bontrager from McKinnies Realty, LLC. Cell: 574-202-2752

IDX information provided by the Indiana Regional MLS.

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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