
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 9,352 sqft
Price per Sqft $133
Subdivision Pleasant Valley
MLS Listing ID 6795123
Style (MF) Four Plex
Bedrooms 20
Year Built 1992
Annual Tax Amount $12,260
Acres 0.63
Lot Dimensions 145x107x151x131
Property Description
Welcome to 1306 Lincoln Lane, a rare four-plex gem in Hastings, offering four spacious units with 5 bedrooms and 2 bathrooms, along with a 3-car detached garage and abundant surface parking for up to 13 cars, and an optional and available Stair Lift
Recent capital improvements include a new full-building roof (2023).
The flexible layout, private bedrooms, and shared common spaces lend themselves naturally to mission-driven uses such as sober living, congregate supportive housing, or recuperative care models. According to the seller, the DHS allows recuperative care to be permissible in settings that meet care delivery criteria, making this property especially aligned for such a purpose.
Located in the Pleasant Valley neighborhood, the asset is close to essential services, including Regina Hospital, shopping, parks, and is within the Hastings school district. The community offers small-town charm while being well-connected to broader regional infrastructure.
Whether you're an experienced operator in the supportive housing space or an investor seeking strong upside in a large, well-maintained asset, 1306 Lincoln Lane delivers both flexibility and scale. Don't miss this rare opportunity.
Location
State MN
County Dakota
Community Pleasant Valley
Direction Nininger Rd to Pleasant Dr, Right on Jefferson St, Right on Lincoln Ln.
Rooms
Basement None
Interior
Heating Forced Air
Flooring 27442.8
Exterior
Garage Spaces 3.0
Accessibility Doors 36\"+, Fully Wheelchair, Partially Wheelchair, Roll-In Shower, Soaking Tub
Total Parking Spaces 3
Building
Foundation Slab
Water City Water - In Street
Architectural Style (MF) Four Plex
Others
Senior Community No
Tax ID 195790003070
Acceptable Financing Cash, Contract for Deed, Conventional, FHA, FHA Rehab 203k, VA
Listing Terms Cash, Contract for Deed, Conventional, FHA, FHA Rehab 203k, VA
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