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Map

Directions

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.

Description

Attention owner occupants and investors! This 4 plex is one of two nice buildings for sale in Fort Wayne 46835 zip code. New roof shingles with NEW roof decking installed Dec. 2023. Location has easy access to shopping, restaurants and close to 4 universities. Buildings have been very well maintained by owners. Fantastic opportunity to buy a rented 4 plex on the north side of Fort Wayne. 2 units are 3 bedroom, 1.5 baths & laundry hookup. The other 2 units are 2 bedroom, 1 bath. These are large and spacious apartments. Very appealing, low maintenance brick exterior with attractive covered front porch. Well maintained property and currently completely rented. Most tenants have are long term and rents have not been increased but tenants know it will increase. Leases are all month to month and Buyer can increase the rents. Please do not approach the tenants. This building has no common laundry for the 2 two bedroom apartments. Ample parking with a paved lot behind the building with 8 spaces and additional street parking. Each apartment is total electric and tenant pays their own electric, cable and internet. The building was purpose built in 1972. A 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 any buildings like these 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. 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 an adjacent second 4 plex next door also listed with MLS #202425804 for sale with 4 two bedroom apartments. Buildings offer 8 units in one location NE available. Seller wishes to sell both buildings at same time and can be one buyer or two buyers as long as they close the same day & the same time.

Details

  • Property Details

  • MLS #:
    202425854
  • Price
    $405,000
  • Bedrooms
    10
  • Baths Total
    6
  • Full Baths
    4
  • Half Baths
    2
  • Approx. Lot Size Acres
    0.27
  • Approx. Lot Size SqFt
    11,900
  • Class
    Investment
  • DOM
    103
  • Lot Dimensions
    85X140
  • New Construction
    No
  • Parcel ID#
    02-08-17-430-002.000-072
  • Property Sub-Type
    Fourplex
  • State
    IN
  • Style
    Two Story
  • Subdivision
    Shoaff Park Village
  • Total Finished SqFt
    4,436
  • Total SqFt
    4,436
  • Year Built
    1972
  • Zip
    46835
  • Interior Features

  • Below Grade Finished SqFt
    0
  • Other Features

  • Pool Y/N
    No
  • Waterfront Y/N
    No

Last updated: November 5 2024, 8:05 PM

Listing courtesy of: Sharon White, Premier Inc., REALTORS

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. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified.

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