$111,700
Check out this investment opportunity in the heart of Fort Wayne, Indiana. This two-story duplex offers two units with two bedrooms and one full bathroom. Potential to increase revenue with improvements. Tenants enjoy off-street parking, and storage in a detached shed as well as a washer and dryer in the basement. There is also a second set of washer/dryer hook ups. Unit 1 ( 1219) is located upstairs. The tenant's lease expires on 10/31/23. Unit 2 ( 1223) is located downstairs. The tenant's lease is month to month. The owner pays water for both units. There is only one water meter. The owner also pays electric and gas for 1223 only - However the tenant reimburses the cost with an additional flat fee. There are already separate gas and electric meters so a future lease in Unit 1223 could have tenant paying gas and electric directly. Owner pays for mowing and snow removal. Unit 1 reimburses the owner for gas and electric with a flat $250 per month charge. Account in owner's name. Unit 2 pays their own gas and electric directly. Account in tenants name.
Follow Google or Apple directions. The building as a small parking lot for tenants - please park on the street.
MLS # | 202330753 |
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Status | Pending |
Property Type | Investment |
Property SubType | Duplex |
Square Feet | 1764 sqft |
New Construction | No |
Style | Two Story |
Type | Duplex |
Basement | Yes |
Bedrooms | 4 |
Bathrooms | 2 |
Year Taxes Payable | 1204 |
Year Built | 1950 |
Virtual Tour | propertypanorama.com » |
Days on Market | 11 |
Living Room | 2 × 0 | Level |
Family Room | 565 × | Level |
4th Bedroom | 2 × 2 | Level |
5th Bedroom | 2 × 2 | Level |
Extra Room | 1 × 2 | Level |
Full Baths | 4 Main |
Construction | Duplex |
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Lot Size | 6,970 sq ft |
Acreage | 0.16 Acres |
Lot Dimensions | 133x55 |
Fence | None |
Area | Allen County |
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County | Allen |
Subdivision | Drexel Park |
Township | Wayne |
City | Fort Wayne |
State | IN |
Zip | 46806 |
School District | Fort Wayne Community |
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Elementary | Northcrest |
Middle School | Northwood |
High School | North Side |
Assoc. Dues | $0.00 Not Applicable |
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MLS# 202330753. IDX information provided by the Indiana Regional MLS.
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. Data is deemed reliable but is not guaranteed accurate by the MLS.
Listing Provided Courtesy of Vince Brown
Select Realty, LLC
Cell: 260-504-1815
Listing information last updated Thursday, September 28th, 2023 at 9:15 PM EDT.