2909 West Lincolnway W Highway

South Bend, IN 46628

$326,000
Price
6
Beds
4
Baths
2,012 Sq. Ft.
$162 / Sq. Ft.
2,012
Sq. Ft.
$162
per Sq. Ft.

Description

Ready to add this fully leased brick fourplex to your portfolio? The building and parking lot are situated on a large corner lot on a dead end street with easy access to the airport, South Shore train line, and Lincolnway corridor towards DTSB. This building was operated commercially for much of its life and has been meticulously maintained over the years. Units are fully leased with happy tenants, please do not disturb.Ready to add this fully leased brick fourplex to your portfolio? The building and parking lot are situated on a large corner lot on a dead end street with easy access to the airport, South Shore train line, and Lincolnway corridor towards DTSB. This building was operated commercially for much of its life and has been meticulously maintained over the years. Units are fully leased with happy tenants, please do not disturb.
  1. Listed by Nick DeMaegd • Century 21 Circle

Property Details for 2909 West Lincolnway W Highway

Style
Two Story
Subdivision
None
Waterfront
No
Pet Restrictions
Yes

Location

Listing Courtesy of Century 21 Circle
Add your commute
LISTING UPDATED: 03/22/2024 05:21 AM

Property Details for 2909 West Lincolnway W Highway

StatusActive
MLS #202409426
Days on Market46
Taxes$3,107 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Fourplex
Year Built1952
Lot Size0.14 AC / 6,098 SF
CountySt. Joseph County

Location

Listing Courtesy of Century 21 Circle
Add your commute

Building Information for 2909 West Lincolnway W Highway

Stories2Residences4Year Built1952Building Size-Lot Size0.14 AC / 6,098 SF

Payment Calculator

$2,038 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,779

Property Taxes

$259

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2909 West Lincolnway W Highway

Summary
Location and General Information
  • Area: St. Joseph County
  • City: South Bend
  • Zip Code: 46628
  • State: IN
  • Township: Portage
  • Geo Latitude: 42
  • Geo Longitude: -86
  • Fips Code: 18141
  • Directions To Property: North side of Lincolnway, just east of Bendix
  • Location: Near Airport
Taxes and HOA
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 2024
  • Parcel Number Id: 71-08-03-107-001.000-026
School Information
  • School District: South Bend Community School Corp.
  • Elementary: Coquillard
  • Middle School: Navarre
  • High School: Washington
Parking
  • Number Of Parking Spaces: 8
  • Parking: Lot, Off Street, Paved
Property
Lot Information
  • Class: INVESTMENT
  • Property Subtype: Fourplex
  • Approx Lot Size Acres: 0.14
  • Lot Dimensions: Irregular
  • Below Grade Unfin Sqft: 884.0
  • Total Square Feet: 2896.0
  • Upper Level Sqft: 884.0
  • Approx Lot Size Sqft: 6098.0
  • Above Grade Finished Sqft: 2012.0
  • Below Grade Finished Sqft: 0.0
  • Total Below Grade Sqft: 884.0
  • Total Finished Sqft: 2012.0
  • Above Grade Unfin Sqft: 0.0
  • Lot Description: Corner
  • Main Level Sqft: 1228.0
Property and Assessments
  • New Construction: No
  • Year Built: 1952
  • Age: 72
  • Planned Unit Development: No
Utilities
  • Sewer: City
  • Water Utility: City
Interior and Exterior Features
Exterior Features
  • Amenities: Basement, Off Street Parking, Water Heater Gas, Washer Hook-Up
  • Exterior: Brick
  • Outbuilding: None
  • Platted: Yes
  • Pool: No
Interior Features
  • Number of Electric Meters: 3
  • Number of Gas Meters: 1
  • Number of Dishwashers: 0
  • Number of Disposals: 0
  • Number of Dryers: 1
  • Number of Microwaves: 0
  • Number of Ranges/Ovens: 4
  • Number of Refrigerators: 4
  • Number of W/D Hookups: 1
  • Number of Washers: 1
  • Number Water Meters: 1
  • Basement: Yes
  • Basement/Foundation: Full Basement
  • Cooling: Central Air
  • Flooring: Mixed
  • Heating/Fuel: Gas, Conventional, Forced Air
  • Stories: 2
  • Number of Above Grade Bedrooms: 6
  • Number of Below Grade Baths: 0
  • Number of Below Grade Bedrooms: 0
  • Total Number of Bedrooms: 6
  • Total Number of Full Baths: 4
  • Total Number of Half Baths: 0
  • Total Baths: 4
  • Number Total Rooms Below Grade: 0
  • Num Of 1 Bedrooms: 2
  • Num Of 2 Bedrooms: 2
  • Num Of 3 Bedrooms: 0
  • Num Of 4 Bedrooms: 0
Multi Family
Multi-Family Information
  • Num of Efficiencies: 0
  • Num of Units Rented: 4
  • Number of Buildings: 1
  • Number of Units: 4
Income & Expenses Information
  • Annual Electric Expense: $4,337.00
  • Annual Fuel Expense: $1,937.00
  • Annual Gross Rent $: $42,996
  • Annual Insurance Expense: $2,200
  • Annual Maint. Expense: $0
  • Annual Misc: $0
  • Annual Net Income: $28,695
  • Annual Property Tax: $3,107
  • Annual Trash Expense: $0
  • Annual Water/Sewer Exp: $2,720
  • Gross Monthly Income: $3,583
  • Gross Monthly Rent: $3,583
Rental
Rental Information
  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Electric, Heating, Maintenance, Sewer, Trash Collection, Water
  • Tenant Pays: None

Property History for 2909 West Lincolnway W Highway

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 2909 West Lincolnway W Highway

This home is within South Bend Community Sch Corp.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Coquillard Primary Center
PublicK to 5

Dickinson Fine Arts Academy
Public6 to 8

Clay High School
Public9 to 12

Lasalle Intermediate Academy
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2909 West Lincolnway W Highway is a multi-family home for sale in South Bend, IN 46628. This property was listed for sale on March 21, 2024 by Century 21 Circle, it's currently listed at $326,000. This listing's school district is South Bend Community Sch Corp. Nearby schools include Coquillard Primary Center, Dickinson Fine Arts Academy and Clay High School. 2909 West Lincolnway W Highway is a 6-bed, 4-bath, 2,012 sqft multi-family home built in 1952.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Century 21 Circle

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.