Investor special Five-plex within walking distance to Electric Works and downtown Fort Wayne. The rental units are now vacant, one unit was previously used as an office space.. Owner pays utilities and lawn care. Zoned C2.. Schedule your showing today!
Calling all Investors and House Hackers! Duplex with excellent potential that is in close proximity to Electric Works. Lower unit rented out with upper unit needing some fixes/improvements. Both units feature two bedrooms and one bathroom with good sized bedrooms and spacious kitchens. Good opportunity to get a return on your investment living in the upper unit while collecting rents from the lower unit to pay for your expenses. Lower unit lease is up at the end of November for the potential of rent being increased. Water is billed out monthly with tenants paying their own electric. Management company in place for new owner to use if they choose to.
Unique Duplex Opportunity Across from Electric Works! Location is everything, and this purpose-built duplex delivers just that, right across the street from the exciting Electric Works development. A rare find in this area, each side of this duplex features three spacious bedrooms, one full bathroom, and a basement. One side boasts original wood floors, while the other has been updated with stylish vinyl plank flooring, complemented by original woodwork throughout. Large windows flood the rooms with natural sunlight, creating bright and inviting spaces. The property includes a fenced porch area, perfect for residents on either side, along with a small, easy-to-maintain yard. Ideal for owner-occupants looking to live in one unit and rent out the other, or for investors seeking a valuable addition to their portfolio. Given its prime location, this property also presents a fantastic opportunity for conversion into Airbnb units, catering to visitors of the cityâ??s largest development. Whether youâ??re looking to reside, rent, or invest, this duplex offers endless possibilities!
Beautiful two-story Victorian home currently being used as room rentals since 2012. Property is located one block from Electric Works. All current renters get along, have long standing stable incomes, and wish to remain. The current Property Manager has owned many other rooming houses and is interested in continuing to manage for the new owner and would be available to answer questions during showings. Current updates include: new mortar, primer, and Super Paint on the exterior brick, a remodeled porch area, and blown-in attic insulation. For ease of maintenance, there is plank flooring throughout the home. Plenty of off-street parking available. There is great income producing opportunity or it could be used as a single family home. Monthly building income of $2,163.92 a month after $729.41 in expenses taken out.
The median home value in Fort Wayne, IN is $196,900. This is lower than the county median home value of $205,400. The national median home value is $338,100. The average price of homes sold in Fort Wayne, IN is $196,900. Approximately 57.47% of Fort Wayne homes are owned, compared to 34.49% rented, while 8.04% are vacant. Fort Wayne real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Fort Wayne real estate agent to arrange a tour today!
Fort Wayne, Indiana 46802 has a population of 262,676. Fort Wayne 46802 is less family-centric than the surrounding county with 29.38% of the households containing married families with children. The county average for households married with children is 31.74%.
The median household income in Fort Wayne, Indiana 46802 is $53,978. The median household income for the surrounding county is $61,456 compared to the national median of $69,021. The median age of people living in Fort Wayne 46802 is 35.1 years.
The average high temperature in July is 83.8 degrees, with an average low temperature in January of 16.9 degrees. The average rainfall is approximately 38.1 inches per year, with 30.4 inches of snow per year.