1421 Swinney Ave, Fort Wayne, IN 46802

Property Description

Rare opportunity to offset ownership costs with stabilized rental income in a fully renovated asset. Exterior landscaping and exterior cosmetic improvements are scheduled to be completed prior to closing. Welcome to 1421 Swinney Ave, a substantially renovated duplex opportunity positioned within one of Fort Wayne’s fastest evolving urban corridors. Whether you are an owner occupant looking to reduce monthly living expenses through rental income or an investor seeking a low maintenance property with long term upside potential, this home offers flexibility, modern improvements, and urban accessibility that is becoming increasingly difficult to find. Extensively remodeled down to the studs in 2022, major updates include new plumbing, HVAC, electrical, windows, flooring, kitchens, bathrooms, drywall, fixtures, and more. Both units have recently undergone turnover refreshes while maintaining a clean modern aesthetic throughout. The spacious lower 3 bedroom unit provides exceptional flexibility for owner occupancy, traditional tenant placement, or alternative rental strategies depending on buyer goals. Planned exterior improvements prior to closing include removal of the front security door, repair and refinishing of the main entry door and hardware, fresh paint to the entry system, porch repairs and painting, decorative concrete column caps, new exterior lighting and house numbers, as well as refreshed low maintenance landscaping with mulch and perennial plantings. Additional highlights include separately metered gas, detached 2 car garage, updated interiors, and a roof replacement concession available with acceptable offer. Located just minutes from the transformative Electric Works district, this property places you near some of Fort Wayne’s most exciting redevelopment, dining, entertainment, and employment growth. Enjoy close proximity to Downtown Fort Wayne, Lutheran Downtown Hospital, Parkview Field, the Embassy Theatre, local coffee shops, breweries, restaurants, parks, and grocery options. Opportunities to own a substantially rebuilt duplex near the urban core at this price point are becoming increasingly rare. Multiple photos in this listing have been virtually staged using digital furniture and decor.