1426 High Street Fort Wayne, IN 46808

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Fiveplex • 124Y Old

$289,900

1426 High Street

5 Bedrooms
5 Bathrooms
3034 sqft
0.27 Acres
Property Description

This well-maintained 5-plex in Fort Wayne offers a compelling opportunity for investors seeking consistent income and long-term value. Featuring five one-bedroom, one-bathroom units, this property offers a well-balanced layout for strong rental demand. Currently, the owner covers all utilities. However, the potential for increased income exists by implementing RUBS. This prime location caters to a variety of tenant preferences, reflected in the property's historical gross rent of $3,050 per month. The property boasts a coveted location close to the downtown core, ensuring convenient access to amenities, while also being just minutes from Promenade Park and the beautiful Lindenwood Nature Preserve. With its strong rental demand, potential for appreciation, and access to both urban excitement and natural beauty, this 5-plex positions you for success in a growing market.

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Property
MLS # 202425822
Date Listed 2024-07-12
Status Active
Property Type Investment
Property SubType Fiveplex
Square Feet 3034 sqft
New Construction No
Style Other
Type Fiveplex
Basement Yes
Bedrooms 5
Bathrooms 5
Annual Taxes $2,300.00
Year Taxes Payable 2024
Year Built 1900
Virtual Tour propertypanorama.com »
Days on Market 85
Room Dimensions
Family Room 595 × 600 Level
Kitchen 665 × 645 Level
4th Bedroom 1 × 1 Level
5th Bedroom 5 × 5 Level
Bathroom Locations
Full Baths 5 Main
External Features
Construction Fiveplex
Lot Size 11,954 sq ft
Acreage 0.27 Acres
Lot Dimensions 86X139
Fence None
Location
Area Allen County
County Allen
Subdivision Wayne Heights
Township Wayne
City Fort Wayne
State IN
Zip 46808
Schools
School District Fort Wayne Community
Elementary Washington
Middle School Portage
High School Wayne
Financial
Assoc. Dues $0.00 Not Applicable

MLS# 202425822
Listing Provided Courtesy of Jordan Wildman
eXp Realty, LLC
Home: 260-498-0384

Listing updated October 4, 2024 at 6:00 pm
Last checked 6 minutes ago

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.

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Presented By
Summit Property Group
(260) 437-0903
Email
Agent to Contact

By clicking "Message Agent", you agree to be contacted by Summit Property Group about your request. Please see our Privacy Policy.