RARE 2-FOR-1 OPPORTUNITY!!! Two homes on one parcel offering strong income potential with both units already tenant occupied. This is a great opportunity for an investor looking for immediate cash flow. Both homes feature completely separate utilities, including split water, making management simple and efficient. The front home is a newer 3-bedroom, 1-bath property built in 1998 on a slab foundation. It has been nicely updated throughout, featuring a modern kitchen with an island and new cabinetry, updated flooring, and a refreshed bathroom. This unit is currently rented for $1,195 per month. The rear home is a 1-bedroom, 1-bath unit that has also been updated on the interior. It features electric heat and a tankless water heater, with a tenant in place paying $595 per month. Combined, the property generates $1,790 per month in rental income. At the list price of $159,900, this presents a strong opportunity for immediate cash flow and a solid return for investors. Opportunities like this?with two separate units, strong rents, and utilities split?don't come around often.
Listed By
Agency Name: eXp Realty, LLC
Agency Contact: Cell: 260-460-7439
Agent Name: John Fitzgerald
Shown By
Agency Title: Coldwell Banker 1st Choice
Agency Phone: (219) 324-2121
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2758 Abbott Street | MLS# 202611605
This multi-family property located at 2758 Abbott Street, Fort Wayne, IN 46806 is currently listed for sale with an asking price of $159,900. Abbott Street is located within the Fort Wayne Community school district. Search Fort Wayne real estate on www.coldwellbanker1stchoice.com today.