$139,900
Great 10%+ cap rate, rare in today's competitive investment market. Welcome to your opportunity to invest in a prime income-producing property nestled in the heart of downtown Fort Wayne! This fully rented duplex offers a lucrative return on investment, with a total monthly gross rent of $1770! Boasting a strategic location just a stone's throw away from the vibrant Electric Works complex, tenants will relish the convenience of urban living while enjoying the allure of nearby entertainment, dining, and cultural hotspots. Whether you're a seasoned investor or diving into real estate for the first time, this duplex promises steady cash flow and long-term appreciation potential. Don't miss out on securing your slice of Fort Wayne's flourishing rental market – seize this opportunist gem today.
From the intersection of Broadway and Taylor, Take Taylor West. Home is on left hand side.
MLS # | 202405039 |
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Status | Pending |
Property Type | Investment |
Property SubType | Duplex |
Finished Square Feet | 1652 sqft |
Total Square Feet | 2401 sqft |
New Construction | No |
Style | Two Story |
Type | Duplex |
Basement | Yes |
Bedrooms | 4 |
Bathrooms | 2 |
Annual Taxes | $750.00 |
Year Taxes Payable | 2023 |
Year Built | 1905 |
Virtual Tour | propertypanorama.com » |
Days on Market | 53 |
Living Room | 2 × 0 | Level |
Family Room | 770 × | Level |
4th Bedroom | 1 × 1 | Level |
5th Bedroom | 2 × 2 | Level |
Full Baths | 4 Main |
Half Baths | 168 Lower |
Construction | Duplex |
---|---|
Lot Size | 4,550 sq ft |
Acreage | 0.10 Acres |
Lot Dimensions | 50X91 |
Fence | None |
Area | Allen County |
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County | Allen |
Subdivision | B D Miners |
Township | Wayne |
City | Fort Wayne |
State | IN |
Zip | 46802 |
School District | Fort Wayne Community |
---|---|
Elementary | Study |
Middle School | Kekionga |
High School | South Side |
Assoc. Dues | $0.00 Not Applicable |
---|---|
Assoc. Restrictions | No |
MLS# 202405039. 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 Richard Rutledge
CENTURY 21 Bradley Realty, Inc
Cell: 260-267-8220
Listing information last updated Sunday, April 28th, 2024 at 4:45 PM EDT.