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Listed with Cheyenne Moss, JM Realty Associates, Inc., Cell: 260-797-4851

PRICE $550,000 dsIDX morgage calculator
BEDS 10
BATHS 5
HOME SIZE 4,550 sqft
LOT SIZE 18,296 sqft

In the market for your next income-generating property? Check out this charming 1951 original brick 5-unit apartment building, newly renovated and located near downtown Fort Wayne, right along the scenic St. Joe River. This property features modern updates throughout, with each unit offering front and back entrances for added convenience. Four of the five units are currently occupied, so you'll enjoy immediate income potential. The seller has taken great care of this property, resolving and paying for all prior code violations. There's also a detached garage with four private bays, perfect for additional rental income. Sitting on half an acre, this property provides room for expansion. With completed surveys, CAD plans, and engineering quotes, you're ready to add eight more units to maximize its earning potential. Don't miss this opportunity to own a property that's ready to generate income from day one"”with even more potential for the future!

DAYS ON MARKET 11 LAST UPDATED 12/19/2024
TRACT None YEAR BUILT 1951
COUNTY Allen STATUS Active
PROPERTY TYPE(S) Multi Family

SCHOOLS
School District Fort Wayne Community
Elementary School Franke Park
Jr. High School Lakeside
High School North Side


ADDITIONAL DETAILS
BASEMENT Partially Finished, Yes
CONSTRUCTION Brick
HEAT Natural Gas
LOT 0.42 acre(s)
LOT DIMENSIONS 110x193
SEWER Public Sewer
STORIES 2
STYLE Two Story
SUBDIVISION None
TAXES 7489.59
WATER Public
WATER ACCESS Saint Joseph River
WATERFRONT Yes
WATERFRONT DESCRIPTION River Front
ZONING Multi-Family Residential Development
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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*Estimate only
Listed with Cheyenne Moss, JM Realty Associates, Inc., Cell: 260-797-4851
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Indiana Regional MLS®. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it 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.
Copyright© 2024 IRMLS. All rights reserved.
Last Updated On: 12/30/24 9:54 AM PST
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This IDX solution is (c) Diverse Solutions 2024.


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