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2758 Abbott Street, Fort Wayne, IN 46806 (Sold on )

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 $159,900

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  • 3 BedBeds
  • 1 BathBaths
  • 965 SqftSqft
  • TypeMulti Family
  • Active
  • MLS# 202611605

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Property Description

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 thiswith two separate units, strong rents, and utilities splitdont come around often.


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Property Details 2758 Abbott Street, Fort Wayne, IN 46806

General

  • MLS#: 202611605
  • Property Type: Multi Family
  • Property Sub Type: Other
  • Year Built: 1998
  • Area: Allen County
  • Subdivision: Huestis & Taylor
  • Township: Wayne
  • Beds: 3
  • Full Bath: 1
  • Total Baths: 1
  • Association Fee Frequency: Not Applicable

Interior Features

  • Flooring: Carpet, Vinyl
  • Amenities: Ceiling Fan, Closet(s) Walk-in, Countertops-Laminate, Detector-Carbon Monoxide, Detector-Smoke, Eat-In Kitchen, Kitchen Island

Exterior Features

  • Exterior Features: Vinyl

Schools

  • School District: Fort Wayne Community
  • Elementary School: Haley
  • Middle School: Lane
  • High School: Snider

Structure

  • Style: One Story
  • Stories: 1
  • Basement/Foundation: Slab

Size & Lot

  • Sq.Ft.: 965
  • Lot SqFt: 7400
  • Acres: 0.17

Utilities

  • Cooling: None
  • Sewer: City
  • Heating: Gas, Baseboard
  • Water: City

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