About This Property.
Outstanding opportunity to acquire a well-located property with strong redevelopment potential in Dupont. The property is being offered as-is in its current condition, with approved zoning variances, sewer approval, already in place for a proposed multifamily conversion. Current plans allow for the creation of 12 apartment units within the existing structure, with the potential to expand to 16 total units if an additional second-floor addition is added to the existing one-story portion of the building. This gives an investor or developer the ability to move forward with a scalable multifamily project while still having flexibility in the final scope and budget. The property also offers excellent alternative use potential for a contractor, tradesman, storage user, or commercial operator. The rear of the building provides practical access for trucks, equipment, deliveries, loading, unloading, and daily business operations, making it useful for a wide range of commercial or mixed-use needs. In addition, the property currently includes a functioning residential unit with estimated rental potential of approximately $1,200 per month, providing income potential while future plans are being finalized. With its large structure, approved redevelopment path, sewer and local approvals, truck-accessible rear area, and multiple possible uses, 222 Lincoln St is a rare opportunity for an investor, contractor, or owner-user looking for upside in a strong Dupont location.
Home Features
- Water
- Public
- Sewer
- Public Sewer
- Heating
- Natural Gas
- Exterior
- Block, Vinyl Siding
- Roof
- Composition, Rolled/Hot Mop
- Garage
- 1 Car
- Lot Dimensions
- 200X150
- Condition
- Fair
Property Details.
Location.
Area Demographics
Source - U.S. Census Bureau, American Community Survey Five-Year Estimates ('24).
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