$405,000
Attention investors! This is one of two nice buildings for sale in Fort Wayne 46835 zip code. New roof shingles with NEW roof decking installed approximately 7 months ago. Easy drive and close to 3 universities and St Joe Center Road, Stellhorn & Canterbury for shopping. Buildings have been very well maintained by owners. Fantastic opportunity to buy a fully rented 4 plex in the north side of Fort Wayne. 2 units are 3 bedroom 1.5 baths. The other 2 units are 2 bedroom. Low maintenance brick exterior with very appealing and attractive covered front porch on this building. Well maintained property and completely rented. Most tenants have been there long term. Leases are month to month. Do not bother the tenants as seller does not wants to alarm them. This building has two 3-bedroom, 1.5 bath apartments with space for tenant's to have a washer and dryer in their 3-bedroom apartment. Two additional apartments have 2 bedrooms. This building has no common laundry but uses the laundry next door. Ample parking with a paved lot behind the building with 8 spaces and additional street parking. Each apartment is total electric and has separate electric bills for each tenant. The building was purpose built in 1972. There is a second floor balcony deck and stairway on the back of the building for two upper units to access the parking lot. This is a quality-built all brick building and rarely do these properties ever come up for sale. Don't miss this unique opportunity to add or start your rental business. Includes 4 stoves, 4 refrigerators. Building is on a deep crawl space for easy repairs if needed. This could be great for owner occupant buyer to live in one unit and have the tenants make your payments and start your rental business. There is a second building next door also listed for sale with 4 apartments for a total of 8 units in one location available. Seller wishes to sell both buildings separately to one buyer or two buyers as long as they close the same day & the same time.
St Joe Center Road and turn north on Reed Road to Furge Rd and go west. Turn left at T and 4 plex is on the west side of road.
MLS # | 202425854 |
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Date Listed | 2024-07-12 |
Status | Active |
Property Type | Investment |
Property SubType | Fourplex |
Square Feet | 2218 sqft |
New Construction | No |
Style | Two Story |
Type | Fourplex |
Bedrooms | 10 |
Bathrooms | 6 (4 Full, 2 Half) |
Year Taxes Payable | 2024 |
Year Built | 1972 |
Virtual Tour | propertypanorama.com » |
Days on Market | 97 |
Living Room | 2 × 2 | Level |
Family Room | 650 × 650 | Level |
Kitchen | 575 × | Level |
4th Bedroom | 5 × 0 | Level |
5th Bedroom | 4 × 4 | Level |
Full Baths | 10 Main |
Construction | Fourplex |
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Lot Size | 11,900 sq ft |
Acreage | 0.27 Acres |
Lot Dimensions | 85X140 |
Fence | None |
Area | Allen County |
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County | Allen |
Subdivision | Shoaff Park Village |
Township | St Joe |
City | Fort Wayne |
State | IN |
Zip | 46835 |
School District | Fort Wayne Community |
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Elementary | St. Joseph Central |
Middle School | Jefferson |
High School | Northrop |
Assoc. Dues | $0.00 Not Applicable |
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MLS# 202425854
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 Sharon White
Premier Inc., REALTORS
sharon@sharonwhite.com
Listing updated October 3, 2024 at 10:15 pm
Last checked 3 minutes ago