608 Anderson Ave, Fort Wayne, IN 46805-4104

$165,000
4
BD
2
BA
1,620
SqFt

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Listing courtesy of Andy Zoda from Coldwell Banker Real Estate Gr. Cell: 260-413-7468

List Price
$165,000
Status
ACTIVE
MLS#
202639973
Year Built
1925
Days On Market
Unknown
Bedrooms
4
Bathrooms
2
Living Area
1,620
Township
Wayne
Subdivision
Fairview Place

Property Description

Turn-key investment opportunity in Fort Wayne with a professionally managed, fully rented duplex. It's in the "05" area of Fort Wayne, the 46805 zip code, popular with many as a great area to live in. It's an up and down duplex, with separate entrances, with a total of 4 bedrooms and 2 baths. Utilities are handled as follows: there are two separate electric meters, one gas meter (serving the lower unit with gas heat), and a single water meter, with water and sewer expenses allocated through a RUBS (Ratio Utility Billing System). The upper unit is fully electric, with the tenants providing their own air conditioning units. The owner currently covers lawn care, and as noted before, the property is professionally managed, making it easy to own your first investment property, or add to your portfolio. This is a solid investment opportunity, just minutes from downtown Fort Wayne, and much of the entertainment, dining, and shopping that Fort Wayne has to offer. Approximate driving distances to different places in Fort Wayne, from this property, are as follows: Science Central (3), Promenade Park (4), Fort Wayne Museum of Art (4), Lakeside Park and Rose Garden (4), The History Center (4), Historic Old Fort (4), Glenbrook Square Mall (4), Fort Wayne Public Library's main branch (5), Foellinger-Freimann Botanical Conservatory (5), Foellinger Theatre (5), Allen County War Memorial Coliseum (5), Indiana Tech (5), Parkview Field (6), Fort Wayne Zoo (6), Embassy Theatre (6), Grand Wayne Convention Center (6), Parkview Randallia hospital (6), Purdue University Fort Wayne (6), Ivy Tech Community College (6), Electric Works (7), University of Saint Francis (7), Jefferson Pointe (10), Sweetwater (10), Clyde Theatre (11), Parkview North Regional Medical Center (13), Dupont Hospital (13), Fort Wayne Metals (17), Fort Wayne International Airport (18), Lutheran Hospital (18), General Motors truck plant (21). Present and future potential tenants can be close to some of Fort Wayne's top employers and most visited attractions. This could be a great place for someone to live in one unit, and rent the other, though possession dates would be subject to tenants' lease rights.

Additional Information

Acres
0.10
Taxes
$3,085
Lot Features
Level
Water
City
Heating
Electric, Natural Gas, Baseboard, Forced Air
Cooling
None
Flooring
Carpet, Laminate
School District
Fort Wayne Community
Elementary School
Forest Park
Middle School
Lakeside
High School
North Side
Agent Name
Andy Zoda

Listings courtesy of Indiana Regional MLS as distributed by MLS GRID.


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