860 N Lincoln St
Martinsville, IN 46151
Lincoln Street Townhomes · Multifamily Property For Sale
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13 Units
Property Facts
| No. Units | 13 | Lot Size | 1.65 AC |
| Property Type | Multifamily | Building Size | 13,000 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1972 |
| Building Class | C | Parking Ratio | 2.62/1,000 SF |
| No. Units | 13 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.65 AC |
| Building Size | 13,000 SF |
| No. Stories | 2 |
| Year Built | 1972 |
| Parking Ratio | 2.62/1,000 SF |
Amenities
Site Amenities
- Laundry Facilities
About 860 N LINCOLN ST , MARTINSVILLE, IN 46151
Currently Martinsville is benefitting from the construction of I-69. This interstate expansion makes Martinsville the largest midway market between Indianapolis and Bloomington, Indiana. Situated on the north side of Martinsville, the 860 North Lincoln Townhomes are the only townhome-style property within the market. The property has maintained 100% occupancy during three years of consecutive rental increases, and is still sitting below market rents. It is an ideal location for both local renters and those that wish to live within 30 minutes of Bloomington, Indiana, without having to pay premium rental prices. In all, the 860 North Lincoln Townhomes will provide an investor the opportunity to own a unique, fully occupied property with room to increase rents and enhance revenue. Call Broker For Pricing Details Investment Highlights or Operating Numbers
Property Taxes
| Parcel Number | 55-09-33-200-003.000-021 | Improvements Assessment | $594,500 |
| Land Assessment | $201,600 | Total Assessment | $796,120 |
Property Taxes
