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Key Details
Sold Price $160,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,420 sqft
MLS Listing ID 202430258
Sold Date 08/19/24
Style One Story
Bedrooms 4
Full Baths 2
Abv Grd Liv Area 1,710
Total Fin. Sqft 3420
Year Built 1950
Annual Tax Amount $700
Tax Year 2024
Lot Size 6,098 Sqft
Property Description
**Cash cow- over 11% CAP! More once the other unit is rented at market value! ** Purpose built side by side duplex with all utilities separated. Each side is 2 bed, 1 bath- 2 separate entrances to each unit. Tenant pays all utilities. Units are mirror image of each other design-wise. One side is vacant - ready to rent or for owner occupied $825 - one side is vacant and ready to rent or for owner occupant. Live in one and rent the other or rent both. New roof 2022, newer furnaces in both units. All new windows in one unit. Separate parking for each unit. Tenant pays gas, electric, water, sewer and trash. Both units have two separate entrances and each unit sits on a full basement. The Go Show is for the vacant unit only, 1627. Please allow 24hrs to schedule showings on occupied unit. DO NOT DISTURB THE TENANT otherwise. Rent for one side is is estimated based on what similar units (from same owner) are renting on the same block. Occupied unit is renting at way below market value so there is room for more cash flow once tenant vacates. Lease ends 9/30/ 2024.
Location
State IN
County Allen County
Area Allen County
Direction From Anthony onto E Rudisill- house is on the right
Rooms
Family Room 825
Dining Room 0 x 680
Interior
Flooring Wood, Vinyl
Appliance Building, Lease
Laundry , 2
Exterior
Garage Spaces 1.0
Amenities Available Basement, Off Street Parking
Waterfront No
Total Parking Spaces 2
Building
Lot Description Corner
Story 1
Structure Type Aluminum
New Construction No
Schools
Elementary Schools Maplewood
Middle Schools Miami
High Schools Wayne
School District Fort Wayne Community
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IDX information provided by the Indiana Regional MLS
Bought with Ahtway Freeda • eXp Realty, LLC