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$89,900
4 Beds 2 Baths 202618627 MLS 1,685 SqFt. Jerry Starks
Conveniently located near downtown, this duplex presents an incredible opportunity for investors, flippers, or owner-occupants looking to build equity and customize a property from the ground up. The owner has already taken the property all the way down to the studs, giving you a clean slate to design and finish exactly how you envision. With the major demolition already completed, you can move directly into rebuilding and installing all new electrical, plumbing, HVAC, windows, finishes, and other updates to create a modern income-producing property. Basement walls are solid, and the property offers strong upside potential for the right buyer. Plans and blueprints are available to help guide the design and layout, while still allowing flexibility to customize the duplex to your liking. Estimated rental income after completion is approximately $1,300–$1,500 per side, with an estimated after-repair value around $240,000–$250,000. The owner is a licensed contractor and may be willing to discuss completing the renovation for the buyer. FHA 203(k) financing could be a fantastic option — live in one unit while renting the other to help offset your mortgage payment. The possibilities are endless. Don’t miss this opportunity to create value and build wealth with a duplex in a convenient downtown location.

462 E Suttenfield St, Fort Wayne

Listing courtesy of Jerry Starks from JM Realty Associates, Inc.. Cell: 260-479-8161

$1
12 Beds 6 Baths 202630119 MLS 5,997 SqFt. James Fanger
Auction Link: https://foreclosureauctions.com/properties/779 A rare opportunity to own a 6-unit multifamily property in one of the city’s most sought-after historic neighborhoods & location. Step into the character of a Historic Downtown multifamily home. Nearly 6,000 sq ft of living space, a grand covered porch, and finished basement units create a unique blend of charm and functionality. Surrounded by century-old homes, architectural landmarks and tree-lined streets, this asset offers strong rental demand, stable income, and long-term appreciation potential. Opportunity & Potential await the skilled homeowner or investor. Start improving your investment with updating & repairing the vacant units (4) & exterior and see your cash flow start on those too as you place your new tenants as you wish. The 2 occupied units can work with you on the future of those after closing. Tenants enjoy the walkable lifestyle—just moments from shops, restaurants, and entertainment—while investors benefit from steady occupancy and desirable neighborhood appeal & location of the downtown social & business district among other opportunities. This asset offers strong rental demand, stable income, and possible long-term appreciation potential. Property sold as-is, where-is. Taxes may change based on exemptions or lack thereof. Take a look today & register to bid your best cash offer by the end of the Auction.

817 W Wayne St, Fort Wayne

Listing courtesy of James Fanger from Cash For Keys, LLC.

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Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.


Huntington County Multi-Family Real Estate

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