149 Front Street Lincoln

$449,900
4 2 1,100 sq ft

The Property

Strong opportunity for investors or owner-occupants seeking additional rental income. Rare development opportunity near Lincoln Woods State Park with Town approval for conversion to a legal two-family in desirable Lincoln. Approved stamped civil and architectural plans included. Fully gutted with all new framing, new windows, new board-and-batten vinyl siding, and a roof with good remaining life.

Approx. 2,200 sq ft across all levels including attic storage. First floor supports a 2BR/1BA layout per approved plans, and the basement level supports a second 2BR/1BA unit with proper egress, creating a 4BR/2BA two-family home once completed. Water and electrical are connected; town sewer tie-in required. Four off-street parking spaces. Oversized garage offers ADU conversion potential for additional rental income. Two-family approval is contingent on the buyer filing for a building permit and completing the work per the approved plans and the Town Planner’s letter. Seller is a licensed real estate agent.

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Listing Details

MLS Number

1402429

Lot Size:

0.18 acres

Features

  • Basement: Full, Interior and Exterior, Unfinished, Bathroom, Bedroom(s), Kitchen, Living Room
  • Garage: 1
  • Year Built: 1940

Market Trends for Single Family Homes
in Lincoln

  • Overview
    Homes for Sale Today29-96.5% decrease in inventory
    New on Market *13-35% decrease in new listings
    Avg. Asking Price/Sq.Ft. *$347.46$30 increase in List Price/Sq.Ft.
    Avg. Sale Price *$699,071$171,076 increase in Avg. Sale Price
    Avg. Sale Price as % of Asking Price *95.98%-1.8% decrease in Sales to List Price
    Avg. Sale Price/Sq.Ft. *$322.51$6 increase in Sale Price/Sq.Ft.
    Avg. Days on Market of Sold *732 decrease in days on market

    * All data is calculated based on the last 30 days

  • Avg. Sale Price
  • Avg. Days on the Market
  • New Market Inventory
  • Lila's Estimate

    Realtors Property Resource

    This is an estimate home valuation provide by RPR. It is based on RPR’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    ...

    Zillow

    This is an estimate home valuation provide by Zillow. It is based on Zillow’s estimate market value and not an appraisal. You can use it as a starting point on the home’s value.

    Real value?

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    Online estimates take you only so far. One of our associates can give you a market analysis of what your homes value.

Listed by Century 21 Limitless

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