717 E Lincoln Way, South Bend, IN 46601

Comments for 717 E Lincoln Way, South Bend, IN 46601

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.