2401 miner Street Active

Fort Wayne,IN 46807

$ 253000

8 Beds

4 Baths

2818 SqFt


Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,818 sqft

Price per Sqft $89

Subdivision Fairfield(S)

MLS Listing ID 202501065

Style Two Story

Bedrooms 8

Full Baths 4

Year Built 1900

Tax Year 2981

Lot Size 6,969 Sqft

Property Sub-Type Fourplex

Property Description

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)

Location

State IN

County Allen County

Area Allen County

Rooms

Dining Room 0

Interior

Flooring Carpet,Laminate

Laundry , 4

Exterior

Amenities Available Basement,Water Heater Gas

Building

Lot Description Level

Story 2

Structure Type Wood

New Construction No

Schools

Elementary Schools South Wayne

Middle Schools Portage

High Schools South Side

School District Fort Wayne Community

Others

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