Description
Wonderful investment opportunity: own a combination of two single family homes, a multi-family unit, and a duplex right off Main St in Lincoln. Gross yearly income is 35k. Perfect for a 1031 tax exchange, investment property, or live in one as your own and rent out the others. The units are occupied. Showings with accepted offers only. Do not disturb the tenants. The lot is 1.2 acres total. Included on the lot is a single family framed house built in 1927 w/t 1,286 sq ft. A duplex built in 1927 that's 3,248 SF. Multi-family unit built in 1927 is 3,300 sq ft and a mobile built in 1975 that's 528 sq. ft. Court House estimates the taxes to be around 2,850 a year. This property has not been on the market in a very long time. Hard to find this kind of acreage in town. Conveniently located near Pridemore (750'), Harps (1,200'), schools, and emergency services. The lot dimensions are 232' x 216'. All utilities are available, electric, gas, high speed, water, sewer, phone, cable, etc. No real estate signs will be posted.
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0BEDS
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1.21ACRES
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0BATHS
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01/2 BATHS
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8,362SQFT
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$36$/SQFT
Description
Wonderful investment opportunity: own a combination of two single family homes, a multi-family unit, and a duplex right off Main St in Lincoln. Gross yearly income is 35k. Perfect for a 1031 tax exchange, investment property, or live in one as your own and rent out the others. The units are occupied. Showings with accepted offers only. Do not disturb the tenants. The lot is 1.2 acres total. Included on the lot is a single family framed house built in 1927 w/t 1,286 sq ft. A duplex built in 1927 that's 3,248 SF. Multi-family unit built in 1927 is 3,300 sq ft and a mobile built in 1975 that's 528 sq. ft. Court House estimates the taxes to be around 2,850 a year. This property has not been on the market in a very long time. Hard to find this kind of acreage in town. Conveniently located near Pridemore (750'), Harps (1,200'), schools, and emergency services. The lot dimensions are 232' x 216'. All utilities are available, electric, gas, high speed, water, sewer, phone, cable, etc. No real estate signs will be posted.
© 2025 Northwest Arkansas Board of Realtors, Inc. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Equity Partners Realty. Data last updated: 2025-02-13T23:26:09.317.
Listing provided by Legend Realty Inc: 479-267-5911.