Sold for $319,000 Listed for $339,000
This property is not currently for sale or for rent.
Discover a prime investment opportunity in the heart of the historic West Central neighborhood. This well-maintained four-plex, just a short walk from Downtown, the Riverfront Promenade, and the Electric Works campus, offers both charm and modern conveniences. When fully rented, this property generates over $3,000 per month in gross income. Brand new exterior paint (2023). Two of the units have been fully remodeled (2022 and 2023) with contemporary finishes and amenities, attracting premium tenants. Each unit features a dedicated high-efficiency furnace (three new in 2015) and a central air system (two new in 2019), ensuring comfort and low utility costs. Gas and electric meters are separated for each unit, simplifying management and billing. Located in an opportunity zone, this property qualifies for certain tax incentives, enhancing its investment appeal. Property is being sold 'As Is'. Please allow 24 hours for all showing requests. Open House Saturday May 18th 1-3pm
From Downtown head South on Broadway, and turn right onto Wilt St. Property is 2 blocks down on the left
MLS # | 202417662 |
---|---|
Date Listed | 2024-05-17 |
Status | Sold |
Property Type | Investment |
Property SubType | Fourplex |
Finished Square Feet | 2596 sqft |
Total Square Feet | 3786 sqft |
New Construction | No |
Style | Two Story |
Type | Fourplex |
Basement | Yes |
Bedrooms | 4 |
Bathrooms | 4 |
Annual Taxes | $2,500.00 |
Year Taxes Payable | 2024 |
Year Built | 1906 |
Days on Market | 13 |
Family Room | 1000 × 1000 | Level |
4th Bedroom | 4 × 4 | Level |
5th Bedroom | 4 × 4 | Level |
Recreation Room | 2 × 2 | Level |
Full Baths | 4 Main |
Construction | Fourplex |
---|---|
Lot Size | 6,499 sq ft |
Acreage | 0.15 Acres |
Lot Dimensions | 50x130 |
Fence | None |
Area | Allen County |
---|---|
County | Allen |
Subdivision | None |
Township | Wayne |
City | Fort Wayne |
State | IN |
Zip | 46802 |
School District | Fort Wayne Community |
---|---|
Elementary | Washington |
Middle School | Portage |
High School | Wayne |
Assoc. Dues | $0.00 Not Applicable |
---|
MLS# 202417662
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 Terra Hipp
Keller Williams Realty Group
terrahipp@kw.com
Listing updated June 24, 2024 at 11:30 am
Last checked 4 minutes ago