Sold for $285,000 Listed for $300,000
This property is not currently for sale or for rent.
Four-Plex Investment Opportunity in Fort Wayne! Discover the epitome of hassle-free real estate investment with this unique four-plex property nestled in the heart of Fort Wayne. Boasting a lucrative portfolio of short-term and mid-term rentals exclusively on Airbnb, this income-generating gem offers a turnkey solution for savvy investors. Limited Showings - Let the Photos Speak: Due to the continuous stream of bookings, showings are limited. Please rely on photos and Airbnb listings for interior views. Strategic Booking Window for Showings: While all four units enjoy high demand, we understand the importance of on-site viewings. Select days between reservations are available for showings. For detailed availability, please inquire, and we'll gladly accommodate your schedule. Diverse Living Spaces: Experience variety with two studio apartments, a one-bedroom retreat, and a spacious two-bedroom haven. The rental history reflects an impressive monthly average of $700-$916 per door over the last 12 months, after management and cleaning fees. Upgraded Features and Smart Technology: This property is not just about aesthetics; it's about smart living. A new roof (2022), fresh gutters (2023), and the removal of a second-story porch enhance both functionality and curb appeal. Embrace modern living with a smart thermostat and three temperature sensors, ensuring optimal comfort in every unit. Fully Furnished - From Essentials to Extras: Invest with confidence in this turnkey property where each unit is fully furnished, right down to the salt and pepper shakers. The price reflects an As-Is turnkey income property, inclusive of furniture and appliances. The current management is ready to seamlessly continue operations if desired. Prime Location for Enjoyment and Convenience: Situated between the River Greenway, Wells Street Corridor, and downtown, this property is a haven for both tenants and guests. Take advantage of the miles of nearby trail systems, perfect for biking enthusiasts. Abundant off-street parking ensures hassle-free experiences for all. Flexible Investment - Regular Rental or Airbnb Delight: Explore the flexibility of this investment. The property can easily be converted back to regular annual rentals by removing furniture, etc.
From downtown, take Columbia Ave to the property.
MLS # | 202401529 |
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Date Listed | 2024-01-15 |
Status | Sold |
Property Type | Investment |
Property SubType | Fourplex |
Finished Square Feet | 1700 sqft |
Total Square Feet | 3024 sqft |
New Construction | No |
Style | One and Half Story |
Type | Fourplex |
Basement | Yes |
Bedrooms | 5 |
Bathrooms | 4 |
Annual Taxes | $699.19 |
Year Taxes Payable | 2023 |
Year Built | 1976 |
Days on Market | 54 |
Living Room | 1 × 0 | Level |
4th Bedroom | 1 × 1 | Level |
5th Bedroom | 4 × 4 | Level |
Recreation Room | 4 × 0 | Level |
Extra Room | 1 × 1 | Level |
Full Baths | 5 Main |
Construction | Fourplex |
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Lot Size | 6,750 sq ft |
Acreage | 0.16 Acres |
Lot Dimensions | 45X150 |
Fence | None |
Area | Allen County |
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County | Allen |
Subdivision | Lake Side / Lakeside |
Township | Wayne |
City | Fort Wayne |
State | IN |
Zip | 46805 |
School District | Fort Wayne Community |
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Elementary | Forest Park |
Middle School | Lakeside |
High School | North Side |
Assoc. Dues | $0.00 Not Applicable |
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MLS# 202401529
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 Heather Nave
Coldwell Banker Real Estate Group
Cell: 260-610-4418
Listing updated April 26, 2024 at 10:30 am
Last checked 9 minutes ago