Back on the market due to no fault of the seller. ATTENTION INVESTORS! Wow, cash flowing four plex for sale near GE Electric Works, get it before it is gone! Very few properties have two bedroom units in each apartment in a four plex in Ft. Wayne. Each apartment is a two bed one bath unit with average rents between 650 and 800 per month. (With room to grow rents) Each unit has individual gas and electric meters, currently owner only pays water. New roof in 11/21, Two newer furnaces, four newer water heaters and recent updates in each unit within the last couple years, with one unit updated 11/24. Total possible rent in market is 800 per unit or 3200 total per month. (Meets the 1% rule, investors!) Currently managed by professional Management company willing to continue managing for new owner. (Second property for sale at 2506 Miner, get the whole block, invest in 2 properties, and get 6 units)
202501065
Fourplex, 2 Story
8
4 Full
1900
Allen
0.16
Acres
Public Water
2
Wood Siding
Public Sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100
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Arrows indicate 90 day trend
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