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Map

Directions

St Joe Center Road to Reed Road and turn North. Turn left of Furge Drive and at the T it is the building in front of you.

Description

Look at this opportunity to purchase a nice 4 plex buildings in Fort Wayne’s 46835 area. Located near 4 universities and easy access for shopping and restaurants. Buildings have been well maintained by owners but currently renting to long term tenants that have not been raised to market and are currently month to month. 3 units are occupied, and one is vacant, making a perfect opportunity for the buyer who wants to move in and enjoy building a great investment. This 4 plex is an income opportunity for the right buyer who understands market rents. Buy this stylish, partially brick, purpose built apartment building . New roof shingles and NEW roof sheathing installed Dec. 2023. 3 apartments are rented and most are long term tenants on a month to month lease. The 4th unit is freshly painted, new carpet, new stove and new refrigerator. Perfect chance to buy your first investment and live in the vacant apartment. Seller does not want tenants approached to upset them. Each apartment has 2 bedrooms, kitchen, 1 bath and an eating area. 4 stoves and 4 refrigerators included. The kitchens and bathrooms have ceramic back splashes for easy cleaning. Sufficient asphalt parking lot behind the building with 8 parking places behind the buildings and additional street parking. The apartments have access to the back parking lot through the first floor laundry area. This building has a common, coin operated washer and dryer also used by 2 units from 6205 Nina. Located north of St Joe Road in Fort Wayne in 46835 zip code. This is a rare opportunity to buy a purpose built 4 plex in Fort Wayne. The second building listed for sale is next door with MLS #202425854. Seller wants both sold and closed at the same time with either one or two buyers.

Details

  • Property Details

  • MLS #:
    202425804
  • Price
    $390,000
  • Bedrooms
    8
  • Baths Total
    4
  • Full Baths
    4
  • Half Baths
    0
  • Approx. Lot Size Acres
    0.28
  • Approx. Lot Size SqFt
    12,460
  • Class
    Investment
  • DOM
    112
  • Lot Dimensions
    140X90X140X89
  • New Construction
    No
  • Parcel ID#
    02-08-17-430-001.000-072
  • Property Sub-Type
    Fourplex
  • State
    IN
  • Style
    Two Story
  • Subdivision
    Shoaff Park Village
  • Total Finished SqFt
    3,586
  • Total SqFt
    3,586
  • 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, 6:43 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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